Understanding the Falling Dollar
Story date: 2007-11-12 01:07:00
Added on: 2007-11-12 14:16:50
Washington Post - So the interest rate differential, or the fact that U.S. interest rates were higher than European rates, is no longer the case. And as U.S. interest rates have fallen, the attractiveness of holding the dollar, relative to the euro, has gone down. ...
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