Showing posts with label sovereign debt problems. Show all posts
Showing posts with label sovereign debt problems. Show all posts

July 29, 2011

Debt crisis puts $ on a tailspin

LONDON, July 29 (news agencies and on-line reports): The dollar fell to a four-month low against the yen and hovered near record lows versus the Swiss franc on Friday.

The euro also came under fresh pressure as investors sought safe-haven currencies on mounting sovereign debt problems.