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International

Euro Erodes Strength of Dollar

By Mike Shuster
Published April 13, 2005 at 9:00 PM PDT
This story was published more than 20 years ago.

The dollar has lost about 20 percent of its value against the euro in the last two years. But members of the Bush administration downplay the threat of a financial crisis.

Copyright 2005 NPR

International
Mike Shuster
Mike Shuster is an award-winning diplomatic correspondent and roving foreign correspondent for NPR News. He is based at NPR West, in Culver City, CA. When not traveling outside the U.S., Shuster covers issues of nuclear non-proliferation and weapons of mass destruction, terrorism, and the Pacific Rim.

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