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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: CalculatedRisk who wrote (17085)11/29/2004 3:20:36 PM
From: RealMuLan  Read Replies (2) of 116555
 
>> it seems likely that its reserve acquisition did not deviate too much from the global breakdown of roughly 90% dollars/ 10% other currencies<<

Not true. Now China has at most 70% of its reserve in US$, maybe less, like 65%
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