Volcker airs concerns about volatility of ex rates

Former Federal Reserve Chairman Paul Volcker voiced concern Monday that too little attention is paid to the volatility of exchange rates. He also said the US economy had left itself exposed as to whether a future correction of the current account deficit will be orderly or not saying, "we've left ourself a little vulnerable".

"I have a chronic concern, not just in the United States, but in the world generally that too little attention is paid to the volatility of exchange rates, which creates,

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