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The central bank said it would spend $500m a day on Mondays to Thursdays and $1bn on Fridays buying reais in the currency markets. Analysts from Capital Economics WwW/6699K/CoM【新首页】said: "The return to modest rates of economic growth in the eurozone as a whole won't addrWwW/6699K/CoM【新首页】ess the deep-seated economic and fiscal problems of the peripheral countries."The country was given anWwW/6699K/CoM【新首页】other 6.8bn euros last mWwW/6699K/CoM【新首页】onth from the European Union, the International Monetary Fund (IMF) and the European Central Bank.At the time the latest loan money was secured, the IMF said that Greece must deliver "rapidly on structural reforms to unlock growth and create jobs"."A number of member states still have unacceptably high unemployment rates; the implementation of essential, but difficult reforms across the EU is still in its early stages. So there is still a very long way to go." Analysts said that the rising deficit had hurt investor morale."A number of member states still have unacceptably high unemployment rates; the implementation of essential, but difficult reforms across the EU is still in its early stages. So there is still a very long way to go.""This shows the firm determination of monetary authorities to keep the exchange rate from slipping further," said Andre Perfeito, chief economist at Gradual Investments in Sao Paulo. Portugal, among the smallest and the weakest eurozone economies, showed the fastest growth, at 1.1%.The government's actions so far have prompted widespread public anger and protests, which have sometimes turned to violence.NS Venkatesh of IDBI Bank added that the steps "will help the rupee positively" as foreign investors are likely to be attracted back to the Indian debt market on the expectation of falling yields"We have a lot of Asian manufactures such as Samsung, Huawei, ZTE and LG who are coming put with much more affordable smartphone models," said Andrew Milroy of consulting firm Frost & Sullivan.Public angerOn Tuesday, it dropped to an all-time low of 64.13 against the US dollar, before strengthening slightly.

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