Posted on 07/01/2002 3:32:47 AM PDT by JohnHuang2
Edited on 07/12/2004 3:55:03 PM PDT by Jim Robinson. [history]
The almighty dollar has become the latest victim of the crisis of confidence on Wall Street.
The greenback is nearing parity with the euro for the first time in two years, last quarter declining 10 percent against other major world currencies and signaling the end of a seven-year run during which it seemed to go nowhere but up, often despite adverse news.
(Excerpt) Read more at washtimes.com ...
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.