OT: Dollar dives and oil soars as Seoul switches reserves



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Topic: Religions > Atheism
User: "maff"
Date: 23 Feb 2005 03:06:49 PM
Object: OT: Dollar dives and oil soars as Seoul switches reserves
Dollar dives and oil soars as Seoul switches reserves
http://news.independent.co.uk/business/news/story.jsp?story=613820
By Philip Thornton, Economics Correspondent
23 February 2005
The Dollar tumbled across the board yesterday, pushing oil prices above
the $50 mark, as traders scrambled to react to a decision by South
Korea to shift reserves away from the US currency.
The Bank of Korea announced on Monday - a US public holiday - that it
planned to diversify its reserves into a greater variety of currencies.
Dollar
http://groups-beta.google.com/group/alt.atheism/msg/0d691de2efb0ce0c
Oil
http://groups-beta.google.com/group/alt.atheism/msg/4eb8934a3462c679
Koreas
http://groups-beta.google.com/group/alt.atheism/msg/de0d0aa1c4db6433
.


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