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Old 9th Jun 2007, 08:41
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typhoonpilot
 
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There is a daily newsletter that comments on the currency movements worldwide. Very informative and helpful in your long term currency issues. Subscribe for free here.


The dollar is fundamentally flawed. The only thing that keeps it afloat right now is that many other currencies have the same issue and many nations have very large U.S. dollar reserves so it behooves them to keep the pace of dollar decline slow. Many nations are diversifying their currency reserves to lower their exposure to the dollar. The UAE is one of them.


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