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General News 3/13/2008 at 11:20 AM EDT

Dollar Trades at Record Low Versus Euro as Fed Plan Disappoints

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The dollar fell to a record below $1.55 per euro on concern that the Federal Reserve's plan to provide funds to banks won't be enough to break the gridlock in money-market lending and stem credit losses.

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At www.bloomberg.com

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Erik Larson, Human Being and concerned Citizen. I only advocate and practice non-violent methods of social and political activism & change. Disclaimer: Opinions expressed here by me in my articles and diaries are my own. I do my best to only (more...)

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