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---- Tanking US dollar


new_shoes - 6:24 pm on Nov 5, 2004 (gmt 0)


My business is also suffering from this. I have considered opening a US bank account to keep our reserves for when the dollar is strong again. Or more realistic, put them in low-risk mutual funds and when the day comes, sell everything and exchange to local currency. I could do this because we have a big cash reserve.

But this begs the question: will the US dollar grow strong again and if so, when? Any economics wizzes here who could offer some advice?


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