Number: RL34582
Title: The Depreciating Dollar: Economic Effects and Policy Response
Authors: Craig K. Elwell, Government and Finance Division 
Abstract: The weakening of the dollar for over five years has raised concern about the health of the U.S. economy. Addressing that concern, this report examines the likely reasons for the dollar's fall, the effects the depreciating currency could have on the economy, and possible policy responses that could be could be considered attempt to stabilize or reverse the dollar's path if needed.
Pages: 20
Date: July 17, 2008