Value of the Dollar Collapses to a Record Low of Less Than a 2,220th of an Ounce of Gold
Plunge in value of American scrip is being laid to ‘expectations’ of an interest rate cut by the Federal Reserve later in the year.
The collapse in the value of the dollar Thursday to its lowest level in history is a stunning development as America is about to enter the crucial last seven months of a presidential campaign that turns, in part, on the crisis of inflation.
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