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October 08, 2008 Wednesday Shawwal 8, 1429



Euro up sharply


LONDON, Oct 7: The euro rebounded sharply against the dollar on Tuesday, one day after plumbing fresh 13-month lows, as central banks unveiled a series of measures to reassure nervous markets.

In late European trade, the euro was at $1.3622, off an earlier high of $1.3743 but still well above $1.3523 in New York on late Monday.—AFP







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