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Also lots of US investors repatriated their foreign asset holdings.

The EUR/USD exchange rate oscillated about 20% in one direction and then 20% in the other direction in the last 3 months of last year.

En un viejo país ineficiente, algo así como España entre dos guerras civiles, poseer una casa y poca hacienda y memoria ninguna. -- Gil de Biedma

by Migeru (migeru at eurotrib dot com) on Wed Sep 2nd, 2009 at 10:21:20 AM EST
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