Dollar loses reserve status to yen and euro
Fed boss Ben Bernanke may be forced to raise rates in order to restore faith in the dollar - and help bring the euro and the yen back to earth.
October 13,2009,(New York Post) -- Ben Bernanke's dollar crisis went into a wider mode yesterday as the greenback was shockingly upstaged by the euro and yen,both of which can lay claim to the world title as the currency favored by central banks as their reserve currency. . . continue reading.
