What's a reverse currency war and who's fighting one?

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Currency wars flare up from time to time, usually during moments of economic tumult.

They typically involve countries jockeying for a competitive export edge by driving down their currencies.  What’s less common is a so-called reverse currency war.

If a country’s currency falls in relation to other currencies, that can help its economy.

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Category: Economy

Topics: Countries Exchange Inflation Dollar Currency Value Reverse Bank Euro Currencies Central

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-06-23, 15:58:19

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Reading Time: 7 minutes read

Article Length: 1198 words

Coverage Area: Singapore

Availability: Desktop Web, Mobile Web

News ID: 5590

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About Channel News Asia

Main Topics: Economy

Official Website: channelnewsasia.com

Update Frequency: 55 posts per day

Year Established: 1999

Headquarters: Singapore

News Last Updated: 10h ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

News Language: English

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Publisher ID: #27

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