n Personal Finance Newsletter - 2008 will NOT be the year of the dollar : comment
|Article Title||2008 will NOT be the year of the dollar : comment|
|© Publisher:||Moneyweb (Pty) Ltd|
|Journal||Personal Finance Newsletter|
|Publication Date||Feb 2008|
|Pages||1 - 2|
There will no doubt be many surprising reversals of trends in 2008, but an end to the long-running fall in the dollar will not be one of them. Though other currencies will get a share of the bad news, as credit and growth woes radiate from their core in the housing crash, most of the pain will still be felt in the US, sending interest rates lower and the dollar with them.
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