Sentences with phrase «overvalued dollar gave»

«The policy of promoting an overvalued dollar gave us the record trade deficits that eventually peaked at almost 6 percent of GDP in 2006,» Baker said.

Not exact matches

In this article published in the Herald Sun, Andrew discusses how the «overvalued» Aussie dollar has given a nation wide pay rise, although this pay rise does not give you more dollars in your bank account it allows you to buy more foreign assets more cheaply than previously.
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