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Tuesday, December 12, 2006
FOREX: ECB Reserves Increase EUR200 mln in Dec 8 Week
ECB reserves have increased by EUR200mln in the week of Dec 8th with reserves now at EUR152.6 bln. Gold reserves have declined by EUR71 mln due to sales from two Eurosystem central banks. Gold reserves have now declined for 107 out of the last 113 weeks. EUR/USD trades at 1.3235 currently.
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