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No weakening in dollar indicated.

Publication: African Review of Business and Technology
Publication Date: 01-JUL-07
Format: Online
Delivery: Immediate Online Access
Full Article Title: No weakening in dollar indicated.(Oil News)

Article Excerpt
ONCE AGAIN THE willingness of petrodollar-rich countries to back US dollar assets, coupled with the reluctance of China to revalue its currency despite a massive current account surplus, has kept the greenback strong as commodity prices have shown conflicting trends. And this has happened despite a general upwards movement in short-term interest rates around the rest of the world, especially where...

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