The White House blames other countries for currency manipulations
When Brazil’s Finance Minister Guido Mantega talked heatedly about the start of the currency wars’ era in September 2010, saying that the Fed had used a monetary stimulus on purpose in order to weaken the USD and place its competitors into an awkward position, he was thought to be mad. Could he really think the real’s rate had been growing at that time just because the Brazilians would burn it so that the Americans couldn’t get the local money? At that time, Brazil’s economy outran the US one amidst sharp growth…
Read full author’s opinion and review in blog of #LiteForex