Dollar statement important say G10 central bankers

- Central Banking staff
- 10 Jan 2005

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Central bankers from the Group of 10 countries said on Monday that they are "confident" about global growth this year and welcomed comments by Treasury Secretary John Snow to support the dollar.

``We have forecasts which are pointing to a sustained expansion of world trade in 2005 and we have also the feeling that a large part of the adverse effects stemming from higher oil prices has perhaps already been absorbed,'' said European Central Bank President Jean-Claude Trichet, who headed a meeting

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