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Dollar Sinks Further After Greenspan Comments

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Dollar Sinks Further After Greenspan Comments

Economy

Dollar Sinks Further After Greenspan Comments

Dollar Sinks Further After Greenspan Comments

  • Download
  • <iframe src="https://www.npr.org/player/embed/4179097/4179098" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">

The dollar loses more ground against the world's major currencies after Federal Reserve Chairman Alan Greenspan told an audience of European bankers that the U.S. cannot count on foreign nations to continue financing its trade deficit indefinitely. NPR's John Ydstie reports.

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