MEDIA
22/10/2008 - 02:00 - Financial News
Recovery of currency market is the key to ending the crisis by Yuan Rongjun
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The current US financial crisis is actually a liquidity crisis. As a result, it won’t end until the currency market returns to normal. Dag Detter believes when the international capital market or the public start to question the safety and stability of the financial system, the market sees problems in liquidity. He adds that the real problem is the public panic over the solvency of a certain bank or several banks.
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