Lindsey: Dollar may slip below 90 yen

TOKYO, Dec. 3 (Chinese media) -- Lawrence Lindsey, a former economic policy adviser to U.S. President George W. Bush, told Japanese lawmakers in Tokyo on Wednesday the U.S. dollar could slip below 90 yen, Japanese media reported.

"Even if Japanese authorities aggressively intervene in fore

The former Federal Reserve governor also told the lawmakers that the U.S. economic recession would last until mid-2010, suggesting that the slowdown would have a great impact on the global economy, Kyodo quoted the lawmakers as saying.

In Tokyo, the dollar fell below 93 yen Tuesday for the first time in some five weeks before rising back above the level Wednesday.