Dollar Is Little Changed Before Reports on U.S. Trade Balance and Budget
A bigger deficit means more dollars must be converted to other currencies to pay for imports. The gap was $67.5 billion, according to the median estimate of economists in a Bloomberg survey. A separate report may show the budget gap widened last month, raising concern about dependence on foreign investors, who own more than half of tradable Treasuries.
posted by SARTRE @ 4/12/2006 08:19:00 AM
0 Comments:
Post a Comment
<< Home