Monday, November 9, 2009

Investments, Dollar Weakens

The economy is on the rise however the dollar is still getting weaker. Although imports of T.V's and French wine are more expensive, American exports like pepsi, catapillar, and Intel are more competitive. While the economy is up 15 percent the dollar is down 16 percent. During the G2o meetings countries supported keeping interest rates low but offered little support for the weakening dollar.


by: Jesse Kugler
Source:http://www.nytimes.com/2009/11/10/business/10markets.html

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