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Dollar #469026

NBC Evening News for Wednesday, Feb 07, 1973
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(Studio) American dollars being sold en masse in European and Japanese mkts. Central banks in several cntrys. buy dollars to keep value stable.
REPORTER: John Chancellor

(Frankfurt, West Germany) Greatest money speculation going on in Germany. German government buying dollars to keep value stable and keep mark prices down. United States unhappy with German action. Crisis likely to continue until US balance of trade improves.
REPORTER: Jack Paxton

(Studio) Treasury Secretary Shultz admits dollar problem difficult to solve. Money expert Democratic Congress Henry Reuss critical of United States policy of overvalued dollar and undervalued mark.
REPORTER: John Chancellor

Chancellor, John;
Paxton, Jack

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