Bloomberg: Paulson continues weak USD policy
August 20, 2008 at 10:49 AM EDT
[Skip to the end] Seems Paulson is still blocking foreign CBs from accumulating USD financial assets. This is a negative for the USD and a negative for US real terms of trade. It does support US exports and reduces the need to add to domestic demand, even as US consumption remains low. Yuan Rises Most in 3 [...]