G-20 Signals Green Light to Sell Dollar |
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G-20 Signals Green Light to Sell Dollar The dollar plunged on Monday after G-20 finance ministers did not address the dollar slide and agreed to maintain the stimulus programs for the foreseeable future. UK Chancellor of the Exchequer Alistair Darling said the G-20 had decided to keep interest rates low and maintain record budget deficits until economic recoveries take hold. Separately, the International Monetary Fund said the US currency may still be overvalued. Dollar carry trades returned
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