recently made known YORK (AFP) ??” US Federal except chairman Alan Greenspan said a latter weakening of the dollar should help to hindrance America's staggering current account shortfall.

recently made known YORK (AFP) ??” US Federal except chairman Alan Greenspan said a latter weakening of the dollar should help to hindrance America's staggering current account shortfall.

however only a free global economy could help avoid a that will be crisis when the day of reckoning for the deficit arrived, the 77-year-old central bank chief told the Economic cudgel of New York.

"The publicity depreciation that we have experienced of late should eventually help to contain our passing from hand to hand account deficit as foreign farmers export less to the United States," Greenspan said.

"On the other side of the ledger the in every one's mouth account should improve as US firms find the export market more receptive. still in the process, dollar prices of imports will undoubtedly rise."

The dollar has declined by means of about 12 percent against its major trading partners from a peak in early 2002 Greenspan said.

The US general account deficit -- tracking