falling dollar

The "BRIC" nations - Brazil, Russia, India and China - are all experiencing rising inflation and adopting similar measures to prevent prices of goods spiraling out of control, according to a report by China's National Development and Reform Commission (NDRC).

NEW YORK (Reuters) - The dollar dropped to a record low against the euro on Friday after the weakest reading of U.S. economic growth in four years suggested the economy could be at danger of falling behind the rest of the world. For the first time since its launch in January 1999, the euro rose above $1.3680 and was on track for its largest monthly gain since November.