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One News Page » Category » Europe » Saturday, 7 November 2009 » Dollar Being Used to Fund `Carry Trade

Dollar Being Used to Fund `Carry Trade,' May Still Be Overvalued, IMF Says

Reported by Bloomberg
on Saturday, 7 November 2009
(2 weeks ago)

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Nov.
7 (Bloomberg) -- The International Monetary Fund said
traders are probably using the dollar to fund “carry trades”
across the world and the currency may still be overvalued even
after its slide this year.

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