The U.S. dollar has hit a five-month low when stacked up against foreign currency. Though the news might dismay Americans hoping to travel or invest abroad, it signals that foreign investors are feeling the ease of the global recession and would like to invest in riskier currencies that yield more than the greenback.
The euro has reached its 2009 high against the dollar, with 1 euro equaling $1.39 at the time of posting, according to x-rates.com.
The dollar had strengthened amid the financial crisis and recession as foreign investors sought the relative security of the American currency.
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