NEW YORK (Reuters) – Bank of England Governor Mervyn King about Monday mentioned he was worried which nations can increasingly resort to "actively managed exchange rates" upcoming year, inside region of domestic financial policies, when the worldwide economy remains unbalanced. King outlined the outside threats facing the trying UK economy, including the euro zone crisis as well as the U.S. "fiscal cliff," the full effects of that he expects the United States to avoid. However inside a speech inside NY, he selected to highlight growing worries over central banks utilizing their policies to influence domestic currencies. …
There are no comments yet. Why not be the first to speak your mind.