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Tuesday, November 21, 2006
FOREX: ECB Reserves Increase EUR300 mln in Nov 17 Week
ECB reserves have increased by EUR300 mln in the week to Nov 17 to EUR152.4 bln. Gold reserves declined by EUR97 mln due to sales from three Eurosystem central banks. Gold reserves have declined for 104 out of the last 110 weeks. EUR/USD currently trades at 1.2802.
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