Nov 30, 2011

Central Banks Action Goes Against The Need To Weaken The Euro

Central Banks action on currency swaps is a disguised form of Foreign Exchange intervention to stop US Dollar shortage weakening the Euro. So it goes against the need for weaker Euro. - in Twitter

Nouriel Roubini is an American economist. He teaches at New York University's Stern School of Business and is the chairman of Roubini Global Economics.