1.   In addition, the dollar devaluations worked to encourage a price rise, because most oil was priced in dollars which were being eroded in value.

2.   Economists are fond of telling us that dollar devaluation will affect only those Americans who want to travel abroad, drink French wines, or wear Swiss watches.

3.   Factoring in a decade of inflation and recent dollar devaluation makes the cuts even more severe in terms of world impact.

4.   The figure, seen in the light of recent dollar devaluations, demonstrates a growing influence of foreigners in the US economy, analysts said.