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Journal Journal: Dollar Slides; U.A.E. Selling U.S. Currency, Buying Euros

Dollar Slides; U.A.E. Says Selling U.S. Currency, Buying Euros

By Kabir Chibber

Dec. 27 (Bloomberg) -- The dollar dropped the most in a week against the euro as the United Arab Emirates said it will convert some of its reserves of U.S. assets into the European currency.

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