Currency wars

Name: Currency wars
Uploaded: 2013-02-15T13:32:31+00:00
Duration: 1 min 44 s
Channel: AFP English
Description: International currency wars are triggered when some of the world’s most powerful economies battle to remain commercially competitive. By devaluing their currency, nations are able to benefit from lower exchange rates – thus favouring trade.

AFP English

International currency wars are triggered when some of the world’s most powerful economies battle to remain commercially competitive. By devaluing their currency, nations are able to benefit from lower exchange rates – thus favouring trade.

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