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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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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
