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Behind the decline of the dollar

Story date: 2008-01-11 11:59:00
Added on: 2008-01-12 12:00:20


Philadelphia Inquirer - As well as taming price rises, higher interest rates also boost the attractiveness of a currency. Unfortunately for European exporters, the current policies of the ECB and the U.S. Federal Reserve are likely to further depress the dollar. Worried ...


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