Monetary policy expert doubts there would ever be another Plaza Accord

3 Hours Ago

CNBC’s Kelly Evans talks about the Plaza Accord, the 1985 agreement among the G-5 nations to manipulate exchange rates by depreciating the U.S. dollar relative to the Japanese yen and the German Deutsche mark, with Jim Dorn, vice president for monetary studies at the Cato Institute, and Kamal Sharma, director of G-10 FX strategy at Bank of America Merrill Lynch.

Source link

Spread the love