quarta-feira, 19 de novembro de 2003

Dollar Trades Near Record Low Versus Euro

Nov. 19 (Bloomberg) -- The dollar traded near a record low against the euro in Asia after net foreign purchases of U.S. securities slumped to the least in five years.

A drop in the amount of securities bought by international investors makes it harder for the U.S. to finance its current- account deficit, the broadest measure of trade and investment. The dollar also declined after the U.S., which has a record trade deficit with China, said it will limit some Chinese imports.

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