Mood: down
Since February of 2002, the U.S. greenback has seen a 24.5% drop in its value. This is from skyrocketing trade and current account deficits-plus out-of-sight commodity pricies with oil yesterday back up to $54.75 US a barrel. Canada, a net exporter of commodities, has seen its currency go from .62 cents in February 2002 to 80.28 cents in October of 2004.
I don't think either presidential candidate has referred to the dollar's fall in the election campaign.
Posted by qualteam
at 11:13 PM EDT
Updated: Thursday, 21 October 2004 11:16 PM EDT