1994-07-01, English, Article, Journal or magazine article edition: Firm G-7 action is needed to rescue dollar, analysts say. Platt, Gordon

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Physical Description
  • Magazine/​Journal article
Published
  • UBM Global Trade, Inc., 1994 July 1
Language
  • English

Edition details

Title
  • Firm G-7 action is needed to rescue dollar, analysts say.
Appears In
  • Journal of Commerce and Commercial, v400, no.n28259, 1994 July 1, p2A(1) (ISSN: 1088-7407)
Author
  • Platt, Gordon
Published
  • UBM Global Trade, Inc., 1994 July 1
Physical Description
  • Magazine/​Journal article
Subjects
Target Audience
  • Trade
Summary
  • Analysts report that the Group of Seven industrialized nations must formulate a support package to prevent the dollar from further declining if it wants to stop more losses in the stock and bond markets. Such a package could include interest-rate cuts, the issuance of yen-dominated bonds, massive intervention by central banks and better recycling of Japan's current-account surplus. However, the analysts agree that it is unlikely that the G-7 nations will cooperate on such a dollar-support package.
Language
  • English
Database
  • Gale General OneFile
Identifier
  • 15589959

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