Tuesday, January 01, 2008

Apparently others think so too

Currency analysts say the value of the U.S. dollar in 2008 will depend on the country's economic growth. Hans Redeker of BNP Paribas says the main reason for the dollar's recent decline has been the idea that the US is no longer the world's driving economic force. He says 2008 will show that decoupling has not happened as much as previously thought, giving the dollar a boost.

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