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crash2006

Dollar's Double Blow From Vietnam And Qatar

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Vietnam is planning to cut its purchases of US Treasuries and other dollar bonds, raising fears that Asian central banks with control over two thirds of the world's foreign reserves may soon join the flight from US assets.

Looks like its spreading, either the US hike rates or risk flight from US.

http://www.telegraph.co.uk/money/main.jhtm.../bcnviet103.xml

Edited by crash2006

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