(Reuters) - He added that he felt the same way about the value of other currencies.
The U.S. dollar's value has declined for five consecutive weeks, battered by turmoil in U.S. credit markets due to worries about fallout from mushrooming defaults in the subprime mortgage sector. On Monday the greenback recovered slightly from a record low against the euro of $1.385 and stabilized at near 12-year lows against a basket of other major currencies.
Read more at Reuters.com Bonds News
The U.S. dollar's value has declined for five consecutive weeks, battered by turmoil in U.S. credit markets due to worries about fallout from mushrooming defaults in the subprime mortgage sector. On Monday the greenback recovered slightly from a record low against the euro of $1.385 and stabilized at near 12-year lows against a basket of other major currencies.
Read more at Reuters.com Bonds News
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