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Dollar Soars to 1-Year High

Greenback climbs higher still after Fannie-Freddie bailout

By Jason Farago, Newser Staff

Posted Sep 8, 2008 8:06 AM CDT

(Newser) – The dollar rallied to a 1-year high against the world's currencies today, following Treasury's decision to seize control of Fannie Mae and Freddie Mac. After an early hiccup, the greenback advanced to $1.41 against the euro while also climbing against the yen, the pound,... Read full story »

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Dollar Soars to 1-Year High

Greenback climbs higher still after Fannie-Freddie bailout

currency • exchange rate • currency exchange • pound • euro • US dollar • bailout • financial crisis

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Greenback set for 17.1% gain against euro

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