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Economy / Dollar Devaluation #497797

NBC Evening News for Wednesday, Mar 01, 1978
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(Studio) American dollar's troubles on world money market noted.
REPORTER: John Chancellor

(No location given) Report on dollar devaluation, against Swiss franc and German mark, in Frankfurt, West Germany.
REPORTER: David Weber

(Studio) Carter administration position noted, that dollar troubles stem from outflow of United States money, particularly to buy foreign oil, and that this could be remedied by Congress passing President Carter's energy policy.
REPORTER: David Brinkley

(DC) [Treasury Secretary BLUMENTHAL - is concerned about disorderly mvts. in exchange mkts.; they're unwarranted by conditions and strengths of US econ. Cites public concern over trade deficit and troubles in getting energy policy passed. Calls for speedy action in passage of energy legislature] Details of administration position on need for enactment of energy program by Congress given.
REPORTER: Irving R. Levine

(Studio) Upcoming Segment 3 report on money traders noted.
REPORTER: John Chancellor

[Intermittent video trouble throughout broadcast.]

Reporter(s):
Brinkley, David;
Chancellor, John;
Levine, Irving R.;
Weber, David
Duration:
00:03:30

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