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Posts Tagged ‘ dow jones newswires ’

Asia (China) Continues to Build Reserves, but Forex Diversification Slows

  • September 17th, 2009
  • Posted in Forex Training

After a brief pause, the world’s Central Banks (or at least those in Asia) have begun to once again accumulate foreign exchange reserves. I’m not one for hyperbole, but the figures are downright eye-popping: “Reserves held by 11 key Asian central banks totaled $2.625 trillion at the end of August, up from $2.569 trillion at [ READ MORE ]

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