Thursday, February 28, 2008

Dollar Falls to Record Low of $1.50 per Euro

The dollar fell to an all-time low of $1.50 per euro on speculation Federal Reserve Chairman Ben S. Bernanke today will indicate the U.S. central bank is prepared to keep lowering interest rates. The currency is headed for its second straight monthly decline versus the euro on expectations a government report today will show a drop in U.S. home...

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