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Article
/ 12 September 2007

Dollar sinks to record low against euro

The dollar plunged to a record low against the euro on Wednesday as an expected interest-rate cut next week from the Federal Reserve has dampened the United States currency’s appeal. The dollar also dropped to a fresh 15-year trough against a basket of currencies.

By Gertrude Chavez-Dreyfuss

MAIL & GUARDIAN

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