The dollar now has a world-class competitor, the euro, which accounts for nearly 30 per cent of all international currency reserves, a proportion rising fast.

美元现在也已经有了一个可与之媲美的竞争对手，欧元，现在欧元已经占了大概30%的国际货币储备，这个比例还在快速攀升当中。

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For instance, in emerging markets such as South Korea he has been buying short-dated bonds paying 2.5 to 3 per cent, with the prospect of gains from currency movements over time.

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Sony was helped in the final quarter by a currency market that knocked almost 20 per cent off the yen's value against the dollar and euro compared with the same period a year earlier, amplifying its overseas earnings.

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Inflation, at an estimated 2 billion per cent a month, has rendered the country's currency worthless.

ECONOMIST: Zimbabwe