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	<title>Money Market News</title>
	<link>http://www.moneymarketnews.net</link>
	<description>Money Market News And Facts</description>
	<lastBuildDate>Fri, 10 Oct 2008 20:12:05 +0000</lastBuildDate>
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		<title>Asian Forex Reserves Plummet</title>
		<description><![CDATA[Developing countries (in Asia) responded to the 1997 financial crisis by prudently building up massive stocks of foreign exchange reserves to mitigate the risk of another crisis. In August, the reserves of eight of these countries (excluding China and Japan)&#8230;   
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		<link>http://www.moneymarketnews.net/2008/10/10/asian-forex-reserves-plummet/</link>
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		<title>Korean Won Pares Losses</title>
		<description><![CDATA[It seems the Korean Won has (temporarily) bottomed out, reversing one of the largest declines in its history. The currency&#8217;s 5% daily jump has made it one of one of the few bright spots in Asia this week, where stock&#8230;   
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		<link>http://www.moneymarketnews.net/2008/10/10/korean-won-pares-losses/</link>
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		<title>ETFs &#180;remain confusing for investors&#180;</title>
		<description><![CDATA[Exchange Traded Funds (ETFs) remain unheard-of by many people, a poll from Barclays Stockbrokers suggests.   
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		<link>http://www.moneymarketnews.net/2008/10/10/etfs-remain-confusing-for-investors/</link>
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		<title>Shares plunge on recession fears, FTSE below 4000</title>
		<description><![CDATA[The FTSE 100 closed 366 points down today at 3947.78, in another black day for the exchange.   
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		<link>http://www.moneymarketnews.net/2008/10/10/shares-plunge-on-recession-fears-ftse-below-4000/</link>
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		<title>Credit freeze sees small cracks</title>
		<description><![CDATA[Seized up credit markets began to see the first small signs of easing Friday but anxiety over the long-term prospects for recovery is keeping lenders mostly sidelined.

   
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		<link>http://www.moneymarketnews.net/2008/10/10/credit-freeze-sees-small-cracks/</link>
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		<title>Wall Street walloped</title>
		<description><![CDATA[Stocks slumped Friday in volatile trade, with the Dow sliding 550 points as the credit market crisis intensified, spooking investors.

   
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		<link>http://www.moneymarketnews.net/2008/10/10/wall-street-walloped/</link>
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		<title>$250K FDIC Insurance Limit Helps Only Top 1.6% of Americans</title>
		<description><![CDATA[We seem to have created a new device in Washington; it is a magic socializer wand. This wand sweeps aside constitutional limitations, enables the spending of trillions of dollars of tax payer money with little to no oversight and tramples any calls for informed debate.
With a puff of smoke, it instills fear into [&#8230;]
 
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		<link>http://www.moneymarketnews.net/2008/10/10/250k-fdic-insurance-limit-helps-only-top-16-of-americans/</link>
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		<title>Fed is Ahead of the Curve</title>
		<description><![CDATA[The rapid and insidious spread of the credit crisis to Europe and even farther afield is catching Central Bankers completely off guard. In fact, they have been forced to rapidly shift gears from fighting inflation to preventing recession. Depending on&#8230;   
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		<link>http://www.moneymarketnews.net/2008/10/08/fed-is-ahead-of-the-curve/</link>
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		<title>SA Rand Latest Victim of Credit Crisis</title>
		<description><![CDATA[Over the last two months, the South African Rand has plummeted, losing nearly 20% of its value against the US Dollar en route to a five-year low. It seems the currency has become the latest victim of the credit crisis&#8230;   
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		<link>http://www.moneymarketnews.net/2008/10/08/sa-rand-latest-victim-of-credit-crisis/</link>
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		<title>Manufacturing sector extended slump in August</title>
		<description><![CDATA[UK manufacturers experienced a fall in output for the sixth month in a row during August, new data has shown.    
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		<link>http://www.moneymarketnews.net/2008/10/08/manufacturing-sector-extended-slump-in-august/</link>
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