U.S. Dollar contracts amid government shutdown

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/RS
The U.S. Dollar dropped to the nine-month low to $1.6245 versus the U.K.'s currency as the U.S. government began partial shutdown at midnight not being able to reach consensus on Obamacare. The shutdown will slow country's economic recovery and challenge the beginning of Fed's tapering, which is anticipated to depreciate the greenback further.
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Tue, 01 Oct 2013 09:26:03 GMT

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