Dollar hits five-month low

Posted by 7Star Saturday, May 23, 2009

The dollar slid to a five-month low against a basket of major currencies on Friday after a warning that Britain's triple-A credit rating could be cut stoked worries the debt of the world's reserve currency may face the same fate. Standard & Poor's said on Thursday it could downgrade Britain's triple-A credit rating.

0 comments

Post a Comment

Labels

Followers

Archive

BlogCatalog