Lower U.S. rates damp dollar demand
Story date: 2007-09-21 12:02:00
Added on: 2007-09-21 22:00:18
International Herald Tribune - ... dollar on speculation the Federal Reserve would keep cutting U.S. interest rates. ... The central bank's trade-weighted dollar index was at its lowest since its ... rate half a point to 4.75 percent to prevent the collapse of the subprime-mortgage ...
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