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INTERNATIONAL MONETARY FUND SAYS: 'AMERICAN DOLLAR IS OVERVALUED'

 
Anonymous Coward
User ID: 732706
Netherlands
10/28/2010 12:18 PM
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INTERNATIONAL MONETARY FUND SAYS: 'AMERICAN DOLLAR IS OVERVALUED'
The International Monetary Fund says the US dollar is overvalued on currency markets, while the euro, yen and pound were in line with fundamentals.

"The real effective exchange rates of Japan, the euro area, and the UK all appear broadly in line with medium-term fundamentals, while the US dollar is on the strong side of fundamentals," the IMF said in a report to the Group of 20 economic powers on Thursday.

The IMF noted recent government interventions in the foreign-exchange market had contributed to the imbalance, which has sparked fears of "currency wars" to protect exports amid the global economic recovery.

Read the rest here:

[link to news.theage.com.au]
bed
Netizen Ribbonmind

User ID: 1018718
United States
10/28/2010 12:19 PM

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Re: INTERNATIONAL MONETARY FUND SAYS: 'AMERICAN DOLLAR IS OVERVALUED'
Bitches, we don't own Greek debt.
"The earth is mother of us all, for she is just; but you, because you are unjust have pretended that she is your mother alone; and if you do not stop, I will not permit you to remain upon her."

[link to www.livius.org]
Stu

User ID: 1134640
United States
10/28/2010 12:20 PM

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Re: INTERNATIONAL MONETARY FUND SAYS: 'AMERICAN DOLLAR IS OVERVALUED'
guess who runs the IMF ?


this is the same as US saying the same thing

figure it out from there
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Anonymous Coward
User ID: 1143754
United States
10/28/2010 12:21 PM
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Re: INTERNATIONAL MONETARY FUND SAYS: 'AMERICAN DOLLAR IS OVERVALUED'
The IMF should be devalued totally.

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