Comments on: Ponderings of the mind amidst the recession http://www.singaporeforums.net/2009/03/16/ponderings-of-the-mind-amidst-the-recession/ Sat, 31 Jul 2010 08:38:38 +0000 hourly 1 http://wordpress.org/?v=3.0 By: singcitizen http://www.singaporeforums.net/2009/03/16/ponderings-of-the-mind-amidst-the-recession/comment-page-1/#comment-2 singcitizen Mon, 16 Mar 2009 23:45:27 +0000 http://www.singaporeforums.net/?p=57#comment-2 Another possible reason for the rise in the value of the US dollar could be US companies’ closure of investment/business interests in foreign countries around the world. The funds released are remitted back to the United States for placement in US bonds. Please see NY Times article, A Rising Dollar Lifts the U.S. but Adds to the Crisis Abroad, by Peter S Goodman, online at http://www.nytimes.com/2009/03/09/business/09dollar.html?_r=1&hp. Another possible reason for the rise in the value of the US dollar could be US companies’ closure of investment/business interests in foreign countries around the world. The funds released are remitted back to the United States for placement in US bonds.

Please see NY Times article, A Rising Dollar Lifts the U.S. but Adds to the Crisis Abroad, by Peter S Goodman, online at http://www.nytimes.com/2009/03/09/business/09dollar.html?_r=1&hp.

]]>