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The pound isn't the only one going to get pounded.

Eurodollar University

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The Reserve Bank of India's Contingent Liability Countermeasures

Last week, after two months of trading at 80, the rupe finally fell well below 80 and accelerated beyond 81 toward 82. So there was another key, crucial indication that the dollar system was having, was experiencing major malfunction,. Even before we got to this week, in the british pound. There are very real consequences to what's going on behind the veil of these currency exchange rates.

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