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Dollar Decline #255228

CBS Evening News for Wednesday, Oct 25, 1978
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(Studio) Dollar decline on world money mkts. reported.
REPORTER: Walter Cronkite

(Tokyo, Japan) Selling of dollars on Tokyo market following President Carter's speech noted; Japan trade surplus, United States deficit stated; low Japanese inflation rate cited. [Economist Rikizo KOMAKI - doubts small reduction in United States inflation rate can effect dollar-yen strengths.]
REPORTER: Bruce Dunning

(London, England) Fall of dollar to all-time lows against several European currencies stated. [Midland Bank president Victor STEVENS - says voluntary restraints don't work.] Record gold price reported.
REPORTER: Susan Peterson

Cronkite, Walter;
Dunning, Bruce;
Peterson, Susan

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