Published on Feb 6, 2013
http://www.euronews.com/ How worried should eurozone policymakers be about the rise in the value of the euro?
Is the region set to lose out in a new currency war involving the euro, the dollar, the pound, the yen and the Swiss franc?
Having a strong currency puts the euro area at a disadvantage in terms of exports, growth and jobs.
In the last three months the euro has risen around 20 percent against the yen, eight percent against the pound, seven percent versus the dollar and three percent compared to the Swiss currency.
...Is the region set to lose out in a new currency war involving the euro, the dollar, the pound, the yen and the Swiss franc?
Having a strong currency puts the euro area at a disadvantage in terms of exports, growth and jobs.
In the last three months the euro has risen around 20 percent against the yen, eight percent against the pound, seven percent versus the dollar and three percent compared to the Swiss currency.
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