Dollar Is Increasingly Overvalued as Deficit Widens, IIF Says

© Reuters. Dollar Is Increasingly Overvalued as Deficit Widens, IIF Says (Bloomberg) — The dollar has become increasingly overvalued thanks to a swelling U.S. current-account deficit, according to the Institute of International Finance. China’s yuan is the mirror image, becoming increasingly undervalued, the IIF found in a periodic assessment of exchange-rate misalignments. “The biggest surprise […]

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