Euro hits record high against dollar: $1.4130

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September 24, 2007 09:38

 
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The euro rose to another new record against the dollar on Monday, hitting $1.4130 as last week's Federal Reserve interest rate cut continued to weigh on the US currency. The 13-nation currency rose to $1.4130 before settling back slightly to $1.4115 in early morning European trading. That compared with a previous peak of $1.4119 on Friday, and with the $1.4083 it bought in New York late that day.

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