Latvia and the IMF did not discuss a devaluation and are trying to maintain the present peg to the euro via a new budget. Swedish banks will breath a short-term sigh of relief. This is modestly EUR supportive, but the focuc is more on US jobs figures at the moment. EUR/USD is quiet at 1.4180.
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Latvia/IMF do not discuss devaluation
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June 5 2009, 3:05pm | Comments »
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BRIC May Discuss Moving From Dollar: Kremlin - Forex Currencies ...
A basket of currencies would be better than just the dollar or euro as world reserve currency, Russian President Dimitry Medvedev said in an interview with CNBC.
CNBC Top News and Analysis - http://www.cnbc.com/
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June 2 2009, 10:05pm | Comments »
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