Tuesday, October 01, 2013

Dollar sinks to 8-month low after US shutdown


The dollar has fallen to an 8-month low against a range of currencies, driven by fears that a partial shutdown of the US government will hit the economy.

Analysts said the fall in the dollar had not been more pronounced as the shutdown had been expected.

The shutdown began after the two houses of Congress failed to agree a budget .... http://www.bbc.co.uk