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April 16, 2015

4 ways surging dollar rattles the world

  • In the United States, a strong dollar is weighing on economic growth but delivering bargains for American tourists.
    • By PAUL WISEMAN
    AP Economics Writer

    WASHINGTON — The U.S. dollar hasn't been on a roll like this since Ronald Reagan sat in the White House and “Raiders of the Lost Ark” ruled the box office.

    Since June 30, the greenback is up 28 percent against the euro, 18 percent against the Japanese yen and 40 percent against the Brazilian real. Not since 1981 has the dollar been so strong.


     
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