Emerging countries sell dollar to support their currencies

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/Reuters
Recently the Federal Reserve announced its plan to decrease the amount of money it invests in the U.S. Treasuries. After the announcement the dollar increased in value against all major currencies, including ones from emerging markets. Nowadays, Russia is going to sell $11.6 billion of Treasuries, Brazil is planning to erase $60 billion of their $372 billion reserves to support their national currencies.
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