TheWatchdog
03-31-2008, 12:30 AM
News.com
STATE-backed sovereign wealth funds are likely to diversify their investments and move away from US dollar-denominated assets, a World Bank official says.
Central banks are likely to follow suit, shifting away from the US dollar over the next “three to five years,” World Bank principal investment officer Arjan Berkelaar told a business conference in Sydney yesterday. [...]
More... (http://www.immigrationwatchdog.com/?p=6149)
STATE-backed sovereign wealth funds are likely to diversify their investments and move away from US dollar-denominated assets, a World Bank official says.
Central banks are likely to follow suit, shifting away from the US dollar over the next “three to five years,” World Bank principal investment officer Arjan Berkelaar told a business conference in Sydney yesterday. [...]
More... (http://www.immigrationwatchdog.com/?p=6149)