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the United Nations warned on Wednesday if the dollar continued to depreciate against other currencies, the dollar may face a crisis of confidence, or even collapse.
The United Nations has for several years against the U.S. dollar's reserve currency status warning. A day on the first half of the review report zara shoes, the global economy, the agency said the value of U.S. dollar assets continued to decline States will pose a threat to the global financial system.
It is reported that the U.S. dollar against basket of major currencies has fallen to the last century louboutin very prive, the lowest level since the 70's, part of the reason is because the United States and other major economies, the interest rate differential between, in addition to the U.S. market concerns about the sustainability of public debt has heated up. Foreign investors hold about half of U.S. public debt. (Shen Wei Green)