Sunday, March 02, 2008

Yet Another Success Of Our Leaders'

Are you better off than you were eight years ago?
The dollar sank to a record low against the euro as U.S. home prices and consumer confidence tumbled, bolstering bets the Federal Reserve will keep reducing interest rates.

The U.S. currency declined to the weakest level since the euro began trading in 1999, and slumped against all 16 of its most-active counterparts.
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