Euro-dollar ratio of forces in the current stage of economic-financial crisis

Roxana Nanu, Gheorghe Pirvu and Ramona Gruescu
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Ramona Gruescu: University of Craiova

Finante - provocarile viitorului (Finance - Challenges of the Future), 2010, vol. 1, issue 11, 177-183

Abstract: Euro-dollar ratio of forces is not a simple confrontation on a monetary plan. This dispute has implications on many plans such as social, economic, global development plan, natural resources. Globalization amplifies this report and gives importance in setting a global economic leader. The pride and American economic supremacy might give the dollar power on the international economic market, power that is assured by the rich history of the dollar against the euro. The European currency is gaining ground, relying on the dislikes of two great powers for the US , Russia and China. This paper provides a review of the development of the euro-dollar ratio from the birth of euro until the emergence of the current manifestation of economic and financial crisis with its implications.

Keywords: currency rate; dollar; european currency (search for similar items in EconPapers)
JEL-codes: F31 F41 G01 (search for similar items in EconPapers)
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:aio:fpvfcf:v:1:y:2010:i:11:p:177-183

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