Euro blues for the Greenback!
3. Jun 2007 22:10, sonu42
IIPM PUBLICATION
Subsequent to weak economic figures, the dollar plummeted to a record low against the euro. The euro traded at $1.3680 (April 27, 2007), a level that it never achieved since its inception in the year 1999. According to the recent figures released by the Commerce department of United States, the Gross Domestic Product of US expanded at an annual rate of 1.3 % as compared to a growth rate of 2.5% during the previous quarter, a pace that was the slowest in the past four years. During April 2007, the consumer sentiments in US also plunged to a 7-months low.
For Complete IIPM Article, Click on IIPM Article
Source : IIPM Editorial, 2007
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative
For More IIPM Article, Visit Below....
http://iipm-top-mba-institute.spaces.live.com/
http://iipm-here-is-your-future.spaces.live.com/
http://iipm-campus-events.spaces.live.com/
http://iipm-institute.spaces.live.com/
