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US Dollar Rallies from Near-Record Lows vs Yen After Quake

March 14, 2011

The U.S. dollar rebounded from near record lows against the yen on Monday, boosted by hedge fund buying after the Bank of Japan's injected 7 trillion yen into the money market to help ease nervousness following Friday's massive earthquake and tsunami hit the country.

Source: http://www.cnbc.com/id/42062965?__source=RSS*tag*&par=RSS
 
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