US Dollar depreciates on China easing and Greek hopes

Note: This section contains information in English only.
Source: Marketwatch
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The Greenback weakened against 17-nation currency and other important counterparts on speculation Monday meeting will bring a solution to Greek troubles. Depreciation was fuelled by China's decision to cut its reserve requirement ratio. ICE Dollar index lost 0.28% and declined from 79.334 to 79.082 during late American trade on Friday. Euro gained 0.12% against its US peer to USD 1.3216. Currently EUR/USD is trading at USD 1.3214.
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Mon, 20 Feb 2012 11:31:25 GMT

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