TRADE, EXCHANGE RATES AND RESERVES
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TRADE, EXCHANGE RATES AND RESERVES America's visible-trade deficit continued to shrink, to $15.1 billion in November; significantly, the bilateral deficits with Hong Kong, South Korea, Singapore and Taiwan narrowed by over 46% from October. In the week to January 21st, the yen rebounded against the dollar and rose by 3.0% in trade-weighted terms.
This article appeared in the Economic & financial indicators section of the print edition under the headline “TRADE, EXCHANGE RATES AND RESERVES”
From the January 24th 1998 edition
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