Back to Search
Start Over
France Says Weak Dollar May Fuel Protections.
- Source :
-
New York Times . 5/22/2008, Vol. 157 Issue 54318, p8. 0p. - Publication Year :
- 2008
-
Abstract
- France's finance minister on Wednesday urged central bankers to reduce the ''misalignment'' in the world's major currencies, warning that a low American dollar was feeding an increasing trend toward protectionism in the United States and elsewhere. The minister, Christine Lagarde, said the dollar's decline was a central cause for the rising cost of oil, which is priced in American dollars. On Wednesday, the price of a barrel of crude oil settled at another record, $133.17. [ABSTRACT FROM PUBLISHER]
- Subjects :
- *DOLLAR
*NATIONAL currencies
*BANKING industry
Subjects
Details
- Language :
- English
- ISSN :
- 03624331
- Volume :
- 157
- Issue :
- 54318
- Database :
- Academic Search Index
- Journal :
- New York Times
- Publication Type :
- News
- Accession number :
- 32112259