Summary
THE dollar tumbled yesterday, spooked by terrorism fears after the deadly Ricin poison was found in a US Senate building, pushing sterling to a one-year high on its trade-weighted index against the world's currencies.
Sentiment towards the US greenback was further hit by President Bush's yawning budget deficit unveiled on Monday, and by hints from key members of the Group of Seven richest nations that they were unlikely to come to any agreement to arrest the dollar's decline when they meet in Florida on Friday and Saturday.See the full content of this document
Extract
Terrorism Fears and Ricin Find Send Dollar Tumbling
The pound was trading last night at $1.8379 - up about...
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