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View Full Version : Fiji Devalues Dollar as Military Tightens Control; Ratings Cut - Bloomberg



NewsWhore
04-15-2009, 10:20 AM
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Fiji Devalues Dollar as Military Tightens Control; Ratings Cut (http://news.google.com/news/url?sa=T&ct=us/2-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601081%26sid%3Dan6gxNGMGGGs%26refer%3Daustralia&cid=1333698665&ei=wODlSbqJIY_G6APNxtnjBw&usg=AFQjCNHQepsamKkm8iaZijoWRwfhwbcbMg)
Bloomberg
The central bank fixed the currency at $0.5697 this morning before the devaluation and subsequently lowered the official rate to $0.4558. The Fijian dollar’s value is managed against a basket of the currencies of the nation’s trading partners. ...


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