IMF: Britain out of the EU would strengthen the dollar
IMF: Britain out of the EU would strengthen the dollar
06.23.2016 at 08:20 (Baghdad time)
Follow-up – the balance of News
Announced the Director of the International Monetary Fund, Christine Lagarde, that Britain is probably out of the European Union, the United States will strengthen the national currency, “the dollar.”
Lagarde said, “The exit is likely to Britain from the European Union will have some impact on the US economy. For example, will affect the terms of trade, but more on financial track, and this is the largest real impact.”
Her comments were identical to the concerns expressed by the Director of the US Federal Reserve system, Janet Yellen, earlier, to the effect that the financiers will use the dollar as a “port of salvation” and begin to transfer the financial flows of the dollar, will increase demand for the dollar to raise its value against other currencies, so that It makes American goods uncompetitive compared with the goods of other countries in the global markets.
And will head the British, on Thursday, to vote in the public referendum on the survival or Britain out of the European Union, which has a membership of 28 countries, amid warnings by global leaders, investors and companies that the decision to exit would reduce Britain ‘s influence on the political and economic levels, and will cause disorders in the markets, it will have effects throughout the Western world .anthy 29/4 e
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