By  on July 10, 2007

FLORENCE — Knitters at last week's Pitti Filati yarn fair said market stability was threatened by a weakening U.S. dollar.

Although executives noted an increase in the number of U.S. and Japanese firms at the fair, held July 4 to 6 at the Fortezza da Basso here, many had difficulty selling yarn at an exchange rate that hit a new height of 1 euro worth $1.37.

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