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Tuesday, October 2, 2012

''Qatar says worried about value of dollar, euro''

From Reuters


''Sheikh Hamad said the central banks were right to act to prevent worse crises, but added: "With more printing money, without having a strategy, I believe the value of the money will go down very soon."

He did not give details of the economic measures which he believed Western countries should be taking, but said the risk of further volatility in markets was making investors such as Qatar cautious. Analysts have estimated the size of Qatar's sovereign wealth fund at around $100 billion.''

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