Don't underestimate impact of forex and tariffs on trade - BoE's Tenreyro
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LONDON (Reuters) - Foreign exchange rates and trade barriers are likely to remain big factors for trade flows, despite some research questioning their importance, Bank of England policymaker Silvana Tenreyro said on Monday."The dominance of the dollar in international trade is an important phenomenon," Tenreyro said in a speech at the bank. "But unlike in some of our stylised models, I think that the exchange rate continues to have important effects on export volumes."Tenreyro noted that the..