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As this was an exploratory review, no estimates in monetary terms (dollar values) are presented.
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The worry is that in trying to please the rating agencies, Brazil is issuing short-term real debt to refinance longer-term dollar debt.
The euro-enthusiasts also forget that the euro was launched in the middle of a long-term dollar bull market.
Say you have funds in a U.S. money market account, invested in short-term dollar instruments such as Eurodollar deposits.
While the trend has proven to be your friend in the long term, dollar versus euro, now is a time for caution.
Holders of GKOs Russian treasury bills are being invited to convert them into longer-term, dollar-denominated Eurobonds with the spread to be set at auction.
In trade-weighted terms, the dollar fell by 0.8%.
Rich-world corporate bonds outperformed both equity markets and hedge funds in terms of dollar returns.
"In terms of dollar losses caused, he's No. 1," Professor Black told DealBook.
Measured in terms of dollar value, public-to-private transactions represent 28percentt of the firms acquired.
In trade-weighted terms the dollar slid by 0.6%, sterling rose by 0.2% and the yen gained 0.9%.
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