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Dollar dips against most major currencies

Posted on 01 December 2009

From Cri.cn: The dollar fell slightly against most major currencies on Monday as investors’ risk appetite recovered from Dubai debt crisis.

Dubai asked lenders last week for a six-month reprieve on payments for about 60 billion U.S. dollars in debt. Investors had been worried that the debt problems in the middle-east emirate would spill over to the world, hampering the global economic recovery…………………………….Full Article: Source

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VRS - who has written 38163 posts on Opalesque Commodities Briefing.


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