Wednesday, January 5, 2011

What Was All The Shit The "Experts" Talking About USD ?


"An interesting point of note is that the latest IMF COFER (Currency Composition of Foreign Exchange Reserves) data which shows the aggregate of FX reserves for 106 countries shows an impressive increase in the amount of USD reserves, while at the same time also showing that central banks have been moving away from the Euro. "


Or is this about politicians talking about one thing and then doing another ? I wonder how much have the finger wagging Chinese add onto theirs.

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.