Currency Funds Posted Biggest Losses in Two Years, Index Shows
Story date: 2007-10-02 02:41:00
Added on: 2007-10-02 20:18:08
Bloomberg - ... against the euro in August as the collapse of the U.S. subprime-mortgage market prompted investors to dump riskier assets financed through so-called carry trades. In the transactions, investors borrow in Japan, where interest rates are the lowest ...
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