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Business
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| Number of pages / Number of words: |
6 / 1421 |
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(Wong & Jhan, 2006). This was the case in 2006, but has now shown changes that still show decrease values of the US dollar.
These charts from the Barchart (2008) site show a steady increase of the Yuan vs. the U.S. Dollar; considerable Euro strength vs. the British Pound; and a generally strengthening Yen vs...
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U.S. Dollar. Indeed, the U.S. Dollar has looked weak vs. the Euro and the Yen, reflecting diversification of currency reserves overseas.
Among the variables in the worldwide monetary system is the relationship between exchange rates and inflation. Economists realize that when the US dollar declines in value, in relation to the yen, for example, that products made in Japan will become more expensive to US consumers (Emerging Textiles, 2008)...
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