Tag: "DEVALUATION"

THE US DOLLAR PAR WITH THE EURO

THE US DOLLAR PAR WITH THE EURO

At the moment, today, Tuesday, February 09, 2010, the Euro is approximately $1.37 per dollar. However, Greece is showing signs it will not capitulate and curb its fiscal excesses by cutting jobs, retirements or governmental spending. The PIGS (Portugal, Ireland, Greece and Spain) are together in that they are indifferent to the role of the [...]

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