Is a currency war coming? It may already be here

A new currency war may be on the verge of breaking out, if one hasn’t already. Last Thursday, European Central Bank boss Mario Draghi reduced the benchmark interest rate by a quarter point, taking it to a record low of 0.25 per cent (meaning he has only one cut left in his arsenal). He did so not…

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Is a currency war coming? It may already be here

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