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Wednesday, September 02, 2015

Central banks to dump $1.5 trillion FX reserves by end-2016 -DeutscheBank

http://mobile.reuters.com/article/idUSL5N11738B20150901

`Central banks will sell $1.5 trillion foreign exchange reserves by the end of next year as they try to counter capital outflows stemming from slowing growth in China, low oil prices and an impending rise in U.S. interest rates, Deutsche Bank said on Tuesday.''

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