The oil crisis in 1971. The loss of confidence in the dollar. dollar. The oil crisis of 1979. The unexpected rise in the dollar between 1980 & 1985. The rapid fall of the U. S. dollar against the Japanese yen and German deutsche mark 1985
6.
7.
1987
between & The partial collapse of. the European Monetary System in 1992. The 1997 Asian currency crisis.
1.
Slowdown in U.S. economic activity & sluggish recovery recovery..
2.
Expansion of U.S. govt.¶s budget deficit.
3.
³Talk±down´ of value of dollar by the U. S. officials.