[OPE] "Currency wars"?

From: Jurriaan Bendien <jurriaanbendien@online.nl>
Date: Fri Jan 07 2011 - 16:44:00 EST

Brazil will force lenders to maintain the reserve deposits in cash - on
which they will not earn interest. Aldo Mendes, the central bank's director
of monetary policy, said the new curbs had the potential to trim short
positions in the dollar to $10bn from last month's $16.8bn.

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Received on Fri Jan 7 16:45:30 2011

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