Bankers and investors expect euro to continue to slide; New global reserve currency required to replace fraying dollar
Jun 28th, 2010 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
The euro's value is forecast to slip further over the next 12 months, more than two-thirds of the world's senior bankers, hedge funds and private-equity managers said in a RBC Capital Markets survey. Separately, a report published last week says a new global reserve currency is required to replace the fraying dollar.