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But are we in a currency crisis?
You can't be half viable in a currency union.
(The trade involves borrowing in a currency with low interest rates and investing the proceeds in a currency with higher rates).
IT DOESN'T take much, it seems, to generate some momentum in a currency these days.
In 1997, however, Indonesia became caught up in a currency crisis sweeping across Southeast Asia.
There is nothing wrong in a currency zone of compatible political entities.
Transactions took place in a currency called "lira" and involved millions.
1.50pm GMT Carney says fiscal stabilisation is particularly important in a currency union.
In the past few years, Germans have found that it is possible to win competitiveness in a currency union.
He used investors' money, he said, to buy high-yield securities denominated in a currency like the Australian dollar.
Most trade that is invoiced in a currency other than those of the trading partners is quoted in dollars.
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