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Finance Ministry Says Reserves in No Danger

14 July 2008

By Max Delany and Jeremy Ventuso

The Finance Ministry has moved to stave off worries that the troubles at U.S. mortgage giants Fannie Mae and Freddie Mac pose a threat to the country’s gold and foreign currency reserves or the more than $157 billion it has salted away from taxes on energy exports.

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Finance Ministry Says Reserves in No Danger

Finance Ministry Says Reserves in No Danger

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