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Reuters: CITIC Pacific warns potential $2 billion forex losses

Started by chris, October 20, 2008, 07:59:24 PM

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chris

CITIC Pacific warns potential $2 billion forex losses
      


HONG KONG (Reuters) - Chinese conglomerate CITIC Pacific became the latest victim of global financial market turmoil on Monday after warning of potential foreign exchange losses of nearly $2 billion and accusing its senior finance director of trading without approval.<div class="feedflare">
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