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Tuesday, November 28, 2006

FOREX: ECB Reserves Virtually Unchanged in Nov 24 Week

ECB reserves are virtually unchanged for the week of Nov 24th at EUR152.3 bln. Gold reserves declined by EUR106 mln due to selling from three Eurosystem central banks. Gold reserves have now declined for 105 out of the last 111 weeks. EUR/USD is currently at 1.3159.

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