One's Observations

A collection of some things I observe along the way.

Retrieving...

"Russia’s central bank announced on Wednesday that it had started buying Canadian dollars and securities in a bid to diversify its foreign exchange reserves."

"Analysts said the move could be a sign of increased diversification of emerging market central bank assets away from the dollar and into investments denominated in other commodity-linked currencies, such as the Australian dollar." (FT Article)

0 comments:

Subscribe

Share and Save

Blog directory
Bloggapedia, Blog Directory - Find It!