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Emerging market currencies, debt improve but remain shaky

Posted on 09 November 2011

Emerging market currencies and debt were mixed on Tuesday but managed to eke out small gains towards the day’s end as there was some resolution to the political fates of Greece and Italy’s incumbent heads of state.
It became apparent during the day that an interim government in Greece would be formed by Lucas Papademos, the former European Central Bank vice president. Also, Italy’s Silvio Berlusconi reached an agreement to resign after the passage of the parliament passed its 2012 budget………………………………………..Full Article: Source


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