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Thursday, 24 May 2012

Euro exchange rate observation

The euro currency exchange rate is approximately US$1.25, which remains greater than the 2010 low near US$1.19, despite the apparently worst ever European currency disarray and potential risk.  See the chart below.

Courtesy OptionVue Sysstems
The Euro exchange rate in terms of the US dollar

Also see "China likely to support euro".

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