The currency has lost 13.2 percent since January 2001, when George W. Bush took office, the most under any president since at least Gerald Ford
who left the White House in 1977.
Bloomberg Bo Nielsen July 23, 2007 03:56 PM
Everyone from Nobel Prize laureates to the world's biggest bond investor says the Bush administration has reason to cheer the dollar's slide to historic lows.
The currency has lost 13.2 percent since January 2001, when George W. Bush took office, the most under any president since at least Gerald Ford, who left the White House in 1977. That's based on a Federal Reserve index that tracks the dollar against the currencies of 38 U.S. trading partners, including Germany, Japan and Canada.
Bloomberg Bo Nielsen July 23, 2007 03:56 PM
Everyone from Nobel Prize laureates to the world's biggest bond investor says the Bush administration has reason to cheer the dollar's slide to historic lows.
The currency has lost 13.2 percent since January 2001, when George W. Bush took office, the most under any president since at least Gerald Ford, who left the White House in 1977. That's based on a Federal Reserve index that tracks the dollar against the currencies of 38 U.S. trading partners, including Germany, Japan and Canada.
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