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In simple terms Americans are spending more and more money on credit and making big investments like buying a house or a car, this inturn has a negative effect on the economy as no real money is put into circulation. Just like the 1920s when Wall Street crashed we are seeing a similar trend in the dollar. A weaker dollar means paying more for foreign goods which further hampers the U.S economy.
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∙ 16y ago
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What is the value of the dollar compared to the euro?
As at 09Sep11 1 Euro was worth 1.39 US Dollars
1 dollar to euro?
1 dollar = 0.8 euro (0.7599 euro) 1 euro = 1.3 dollars (1.3159 dollars)
What is the euro dollar?
There is no such thing as a euro dollar. What you are referring to is the euro, which is the name of a currency used in 17 of Europe's countries.
Value of dollar against euro 100507?
The price at close of the day was 1.4133 If you want a more precise price you'd need to ask at what time of day as this price could change many times a day/hour.
Euro to dollar conversion?
1 Euro = 1.4244 U.S. dollars 1 U.S. dollar = 0.702049986 Euros
The euro falls against the dollar?
The phrase, "The US Dollar has fallen against the Euro," means that the value of the US Dollar has dropped in comparison to the Euro.
What was the value of the dollar against the euro 5 years ago?
what was the value of the dollar towards the euro in the year 2008
Euro rises against the dollar?
then the value of the dollar will not be worth a lot
How stable has the euro been against the us dollar?
The euro has been very stable against the dollar. Even during the great recession, it never lost significant value.
What is the value of 1 American dollar today?
The value of the American dollar is constantly fluctuating. In Euro the value of one dollar is three-quarters of an euro. In rupees, one dollar is worth 60 rupees.
Discuss the factors which affect future movements of the euro against the dollar?
Discuss the factors which affect future movements of the euro against the dollar?
What if the euro falls against the dollar?
Exchange rates fluctuate minute-by- minute - depending on global markets. There are many factors that influence currency rates. A lower value Euro against the dollar will simply make european imports into america more expensive.
What is the value of the euro compaired to the us dollar?
The current rate is .80 Euro to the US Dollar. That means that one Euro is equal to $1.24.
What is the euro value in Canadian dollars?
one euro=at least 1.4 Canadian dollar
Who benefits and hurts when the dollar falls against the euro?
What the dollar falls against the Euro American stockholders and American businesses benefit. This type of occurrence hurts the American consumers.
Euro rate touching its lowest against dollar when?
2001
What happens if the euro falls against the dollar?
the world will end
