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Archive Home > 2008 > December > 18 > As Fed flattens rates, the dollar gets bruised

As Fed flattens rates, the dollar gets bruised

By New York Times News Service / The Bulletin
December 18, 2008

FRANKFURT, Germany — The dollar is sliding back into a rapid downward trajectory as the United States enters a new era of ultra-low interest rates and investors reassess the currency’s worth in a drawn-out recession.

A day after the Federal Reserve adopted a near....

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