FOREX-Dollar rises on safe-haven bid after US GDP slumps - Reuters

February 27, 2009 · Print This Article

FOREX-Dollar rises on safe-haven bid after US GDP slumps
Reuters
By Vivianne Rodrigues NEW YORK, Feb 27 (Reuters) - The dollar climbed broadly on Friday as a sharp contraction in the US economy, the weakest US stock markets in 12 years, and a new rescue attempt for Citigroup fueled safe-haven buying of the greenback
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