Superdollar (economics): Difference between revisions
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{{Short description|Period of extreme strength of the United States dollar}} |
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{{For|the near-perfect counterfeit of a United States banknote|Superdollar}} |
{{For|the near-perfect counterfeit of a United States banknote|Superdollar}} |
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[[File:US Dollar Index DXY.webp|thumb|400px|right| |
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{{legend|#00A2FF|outline=#0076BA|[[U.S. Dollar Index|US Dollar Index]] (DXY)}} |
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{{legend-line|#F27200 solid 3px|[[United States dollar|USD]]/[[GBP]] [[exchange rate]]}} |
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{{legend-line|#017100 solid 3px|USD/[[Canadian dollar]] exchange rate}} |
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{{legend-line|#004D80 solid 3px|[[Euro|EUR]]/USD ([[multiplicative inverse|inverted]]) exchange rate}} |
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{{legend-line|#BC002D solid 3px|USD/[[Japanese yen|JPY]] exchange rate}} |
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{{legend-line|#FFCD00 solid 3px|USD/[[Swedish krona|SEK]] exchange rate}} |
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{{legend-line|black solid 3px|USD/[[Swiss franc|CHF]] exchange rate}} |
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The term '''superdollar''' is sometimes used to refer to a period of [[Strong dollar policy|extreme strength]] of the [[United States dollar]], relative to other currencies, particularly in the 1980s.<ref> |
The term '''superdollar''' is sometimes used to refer to a period of [[Strong dollar policy|extreme strength]] of the [[United States dollar]], relative to other currencies, particularly in the 1980s.<ref> |
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{{cite news |
{{cite news |
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|name-list-style=amp | title = U.S.: There's a Cloud inside That Silver Lining |
|name-list-style=amp | title = U.S.: There's a Cloud inside That Silver Lining |
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| url = http://www.businessweek.com/magazine/content/02_10/b3773046.htm |
| url = http://www.businessweek.com/magazine/content/02_10/b3773046.htm |
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| archive-url = https://web.archive.org/web/20020310085036/http://www.businessweek.com/magazine/content/02_10/b3773046.htm |
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| url-status = dead |
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| archive-date = March 10, 2002 |
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| work = [[BusinessWeek]] |
| work = [[BusinessWeek]] |
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| date = 2002-03-11 |
| date = 2002-03-11 |
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| accessdate = 2008-03-04 }}</ref><ref>[http://minneapolisfed.org/pubs/region/96-12/review.cfm Federal Reserve Bank of Minneapolis - The Region - Book Review: The Confidence Game (December 1996)]</ref> This period ended when the [[G7]] countries, concerned about the American [[trade deficit]] and the resulting [[protectionism]], agreed to cooperate in the [[devaluation]] of the dollar in the [[Plaza Accord]]. |
| accessdate = 2008-03-04 }}</ref><ref>[http://minneapolisfed.org/pubs/region/96-12/review.cfm Federal Reserve Bank of Minneapolis - The Region - Book Review: The Confidence Game (December 1996)]</ref> This period ended when the [[G7]] countries, concerned about the American [[trade deficit]] and the resulting [[protectionism]], agreed to cooperate in the [[devaluation]] of the dollar in the [[Plaza Accord]]. |
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== References== |
== References== |
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Latest revision as of 07:53, 2 October 2023
US Dollar Index (DXY)
USD/Canadian dollar exchange rate
USD/JPY exchange rate
USD/SEK exchange rate
USD/CHF exchange rate
The term superdollar is sometimes used to refer to a period of extreme strength of the United States dollar, relative to other currencies, particularly in the 1980s.[1][2] This period ended when the G7 countries, concerned about the American trade deficit and the resulting protectionism, agreed to cooperate in the devaluation of the dollar in the Plaza Accord.
References
[edit]- ^ Cooper, James C. & Kathleen Madigan (2002-03-11). "U.S.: There's a Cloud inside That Silver Lining". BusinessWeek. Archived from the original on March 10, 2002. Retrieved 2008-03-04.
- ^ Federal Reserve Bank of Minneapolis - The Region - Book Review: The Confidence Game (December 1996)
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