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Euro Erodes Strength of Dollar

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

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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.