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Rhodes sees currency wars in a ‘very volatile’ global market: Tom Keene

Posted on 24 November 2011

Financial markets are “very volatile” as nations vie to keep their currencies cheap and maintain exports, said William Rhodes, a senior adviser at Citigroup Inc.
“In a sense we are somewhat in a currency war because everyone wants to protect their currencies in the sense of revaluing too much because that cuts into their trade,” said on Bloomberg Television’s “Surveillance Midday” with Tom Keene………………………………………..Full Article: Source


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