RISING TO THE CHALLENGE
Central bankers and finance ministers have emerged from their free market bunkers during the past 18 months to fight forex dealers and speculators with all the weapons they can muster. And despite emerging doubts about the viability of joint action to manage exchange rates, there will not be a return to the old order.
Forex advisory services have reacted to these developments with a mixture of satisfaction, scepticism and, in some cases, disinterest.
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