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Reuters: Dollar drops and bonds rise after Fed slashes rates

Started by chris, December 17, 2008, 09:59:18 AM

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chris

Dollar drops and bonds rise after Fed slashes rates
      


HONG KONG (Reuters) - The U.S. dollar dropped to an 11-week low and government bonds rose on Wednesday after the Federal Reserve slashed rates, paving the way for Asian policymakers to take more aggressive steps to support growth.<div class="feedflare">
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