Dollar resumes slide on China report
Investors sell the greenback after a report says China should increase its holdings of euros and yen in its foreign reserves.
Click the chart for current FX rates. 
The G-20's six largest economies took a big hit during the global recession in the past year and a half. Challenges remain but most appear on the path to recovery.LONDON (Reuters) -- The dollar was broadly weak on Monday, hitting a 14-month low against the euro following a Chinese report saying Beijing should increase its holdings of euros and yen in its foreign reserves.
On an otherwise quiet day for news, investors jumped on the report as an excuse to sell the U.S. currency further, though analysts said losses may be capped by concerns the dollar has limited scope for further falls.
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Monday, October 26, 2009
Dollar resumes slide on China report
How can they do this to us? China is supposed to support us! Could our economists have been wrong?
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