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Post by slice2020 on Jan 31, 2012 11:11:50 GMT 7
I've heard that there is a kind of "currency war" going on right now where every country is trying to stop its currency from appreciating too much in relation to other currencies. The stated reason for this was that it hurts a country's exports when its currency appreciates. Why? Wouldn't exporters just charge lower prices to offset the appreciation? ============== Annuity Rates
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