George Soros, weak US Dollar is to blame for Economic slow down
04 June 2008, 09:01:09
George Soros the famous investor has again stated that the weak US Dollar is responsible for the economic slow down. He went on to point out the there is a direct relationship between US interest rates and dramatic rise in oil price.Weak US Dollar forces the Oil price up as Oil producers want to insure a minimum profit regardless of the exchange rates of other countries.
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