51. The global currency crisis, depressing world demand for the past two years, also has lowered prices in the United States for oil, cars and other imports.
52. The currency swap will revolutionize the way Europe does business and create a powerful global currency to rival the dollar and the yen.
53. The Group of Seven major industrial countries had hoped their statement of concern Tuesday night would persuade global currency markets to stop driving the dollar lower.
54. The dollar has been eroding sharply in value for some time in global currency markets.
55. The International Monetary Fund will present a report on regulating global currency trading next month after a request by Malaysia, a news report said Saturday.
56. The Group of Seven major industrial countries had hoped that their statement of concern issued Tuesday night would convince global currency markets to stop driving the dollar lower.
57. The trade deficit hit an all-time high in January and the dollar has continued to plunge on global currency markets.
58. The value of the Chinese currency is fixed by the government and not allowed to trade freely on global currency markets.
59. Those bailouts were designed to deal with a spreading global currency crisis.
60. Wall Street and financial markets around the globe went into a tailspin and for weeks there were growing fears that the global currency crisis would spark a global recession.