Economics
Dollar Aids World Economy Amid Currency War for Faster Inflation
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It was four years ago last week that Brazilian Finance Minister Guido Mantega declared a “currency war” was underway as the U.S. dollar fell amid easy monetary policy from the Federal Reserve.
As the likes of Mantega prepare to jet to Washington next week for the International Monetary Fund’s annual meetings, they will likely be much happier about the dollar’s direction.