Wednesday, November 30, 2005

International specialists forecast black future for US dollar in 2006

The rate of the US currency may hit the all-time minimum in 2006: the dollar may drop to 1.38 dollars per one euro, Citigroup analysts said. According to this forecast, the US dollar is likely to lose 20 percent of its value during the forthcoming year. If the forecast is true, such a considerable decline of the US currency may bring severe damage to Russian people's savings.