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Currency Trends in First Half 2011 (Monthly Report)

1 July 2011 - The sharp rebound of the euro in the first half this year should offer a relief to eurozone importers, currently confronted with a rise in production costs in emerging countries. Whatever the higher volatility on the forex market, most currencies of low-cost countries remained stable against the US dollar in the first half, as reflected by our statistical tables and charts.

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