Journal Journal: Dollar Slides; U.A.E. Selling U.S. Currency, Buying Euros
Dollar Slides; U.A.E. Says Selling U.S. Currency, Buying Euros
By Kabir Chibber
Dec. 27 (Bloomberg) -- The dollar dropped the most in a week against the euro as the United Arab Emirates said it will convert some of its reserves of U.S. assets into the European currency.