Volatile Money Hurts Growth and Trade

June 6, 2017

Volatile Money Hurts Growth and Trade The dollar-euro exchange rate has moved 20% eight times in a decade, causing crisis and stagnation. By James Kemp and Sean Rushton May 8, 2017 6:43 p.m. ET It’s the most important price in the world: How many U.S. dollars does it take to buy one euro? The exchange rate between the two largest world currencies affects profits and financial conditions around the globe—and it has been dangerously …

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