Skip to main content

Home/ IB Economics SL LG/ Group items tagged government shutdown

Rss Feed Group items tagged

Mariya L

US government shutdown: Doing away with the dollar - 1 views

  •  
    This article talks about the recent shutdown of the US government and its effect on the American currency. The author of the article questions whether the US dollar will save its supremacy and will stay an international currency as it used to be. The government shutdown has seriously affected the value of the US dollar. Therefore, affecting everybody who has held their money in that currency, "China, the largest foreign owner of US treasury bonds, would feel much of the pain." This serves as an example of the factors that affect the currency and what are the consequences of it.
Kyuhwan L

Euro rises to 8-1/2 month high versus weaker dollar - 0 views

  •  
    This article states that the Euro has experienced a 8.5 month high due to a weaker dollar. The depreciation of the dollar was due to the government shutdown and the impending economic concerns. In addition, due to increases in China's growth, investors have ventured to take risks with the Euro.
1 - 2 of 2
Showing 20 items per page