Vital Signs for the Week of Oct. 11
When the U.S. dollar began to fall in early 2002, many economists thought the decline would help the country narrow its gaping trade gap and possibly improve the current account balance. Since peaking in February of 2002, the trade-weighted value of the greenback has fallen 14%, with larger drops vs. the currencies of major trading partners such as the euro, yen, and Canadian dollar.
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