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Tuesday, January 16, 2007
FOREX: ECB Reserves Decline EUR1.4 bln in Jan 12 Week
ECB reserves have declined EUR1.4 bln during the week of Jan 12th to EUR147.3 bln. Gold reserves have declined by EUR28 bln due to sales by one Eurosystem central bank. Gold reserves have now declined for 112 out of the last 118 weeks. EUR/USD currently trades at 1.2954.
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