Plans to Rescue

The currency of the U.S. strengthen yesterday as in a dialogue in New York Paulson said he is convinced that lawmaker will overtake a invoice to present financial support for Fannie Mae and Freddie Mac, the major sources of U.S. credit finance. He reiterates that a well-built dollar is actually very important. This goes fine past the two institution Fannie and Freddie,'' said in a report by to a Television after his speech. It has scheduled the road to carry out with investor in the United States and investor worldwide.''
The US Dollar touched a proof low down of $1.6038 per euro on July 15 as trader speculate that the company, which possess or promise approximately semi of the $12 trillion in exceptional U.S. home loan would be enforced to search for a post security.
Out of the country investor net purchase of Fannie Mae, Freddie Mac, and extra so-called group debt, was $24.2 billion in May the Treasury Department said on July 16. That compare with the $67 billion overseas investor worn-out on U.S. stocks, notes and bond that month, Treasury data show.