Download or read book Dollar Adjustment: How Far? Against What? written by and published by Peterson Institute. This book was released on with total page 308 pages. Available in PDF, EPUB and Kindle. Book excerpt: The dollar rose about 35 percent in real terms from 1995 to the end of 2001, supporting the US economy of the late 1990s but pushing the current account deficit to a record high. This book looks at the impact of this, examining intervention to achieve desired currency values and the impact of a major dollar realignment on worldwide economies.