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Bernard M -- Taipei English Tutor

Bernard M - English Conversation / TOEFL / IELTS 一對一英文會話

Tuesday, October 2, 2007

Slip-sliding Away

A few quotes from an article which you will find at The Economist.
  1. When does a gentle slide [in the US$] become a dangerous skid?

  2. Some worry that central banks and other official investors may be about to dump dollars.

  3. [Saudia Arabia's] central-bank governor repeated a commitment to the dollar peg on September 26th.

  4. The inflationary risks from a weaker dollar are also easily overdone.

  5. Financial markets increased the odds of more short-term interest-rate cuts this week after a barrage of grim economic news.

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