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Holy See sees red – results of currency exchange

Zenit reports on the red ink in the Vatican financial statement. “… one of the main reasons for the Holy See’s deficit last year is due to the fall in the value of the U.S. dollar. The majority of the Holy See’s expenses are in euro, while the majority of the input is in dollars.

One Response to Holy See sees red – results of currency exchange

  1. jbf July 10, 2008 at 1:23 pm #

    The link to the source has been fixed.