Dollar’s fall cause for worry


  • Letters
  • Monday, 29 Nov 2004

As confidence in the greenback declines and interest rates rise, the US economy may eventually go into recession. The world may be in for more turbulent times unless action is taken soon. 

THE US dollar has been going down, causing anxiety around the world. Much of the worry comes from expectation that the currency will plunge further and the situation will worsen before it starts to get better. 

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