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Star economist Nouriel Roubini has predicted that the greenback will drop by 15%-20% against Asian and commodity currencies. Commodity currencies include the Brazilian real, Canadian dollar and Australian dollar.
Shadi Katyal
1 decade agoThe currencies mentioned are not world trading currencies. dollar haws fluctuated off and on.
Euro is in trouble and none of the other currencies can take Dollar plaace.
If the Dollar does go down , it will benefit the US exports plus will decreas the imports.
It is evident that everyone is looking for demise of dollar but have no replacement and thus such predications