Dollar hits 11-year low

The US dollar hit an 11-year low against the pound today as dealers fretted over the direction of monetary policy in the world’s biggest economy.

Dollar hits 11-year low
Tue, 10 Feb, 2004 - 16:20

The US dollar hit an 11-year low against the pound today as dealers fretted over the direction of monetary policy in the world’s biggest economy.

The dollar slipped beyond the 1.87 mark against sterling as the implications of a statement by the Group of Seven finance ministers was felt across currency markets.

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