GO
Loading...

Video: Paulson Plan = Dollar Killer?

Monday, 22 Sep 2008 | 12:49 PM ET
Bailout Plan: Negative for the Dollar?
The bailout plan is broadly dollar negative, say Sean Callow, senior currency strategist at Westpac Bank & Bill Smith from SAM Advisors. They discuss the dollar's direction, with Stephen Roach of Morgan Stanley Asia, CNBC's Amanda Drury & Martin Soong.

Treasury Secretary Henry Paulson said he wants a stronger dollar.

But the financial rescue plan he's backing will drag down the U.S. dollar -- according to Sean Callow, senior currency strategist at Westpac Bank, and Bill Smith from SAM Advisors.

They joined Stephen Roach of Morgan Stanley Asia to offer their currencies outlook to CNBC.

____________________________
CNBC Tools:

____________________________

Disclaimer

Featured