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aug 15 2008

Dollar is on the rebound, experts say

The dollar has been becoming stronger in the past week, and it may be the start of a long-term rally.

Good news: Investment bank Goldman Sachs predicts that the dollar has fallen as low as it will go against other currencies.

Bad news: The bank thinks the "natural rate" between the dollar and the euro is $1.40 to €1—still much higher than a few years ago.

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Note:This story was accurate when it was published. Please be sure to confirm all rates and details directly with the companies in question before planning your trip.

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