Big Comeback for the Dollar

The dollar made back most of its losses from Thursday as oil declined more than $3 per barrel after BP restored shipments on a Caspian Sea pipeline through Turkey, easing concerns about supply. It became apparent the Russians had not damaged the Baku-Tbilisi-Ceyhan pipeline, which moves oil from Azerbaijan through…

Source:Big Comeback for the Dollar

This entry was posted on Saturday, August 23rd, 2008 at 7:18 am and is filed under Forex Rates. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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