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View Full Version : Fed's Yellen Says 'Inflexible' Currencies Foster Imbalances - Bloomberg



NewsWhore
03-04-2011, 11:00 AM
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Fed&#39;s Yellen Says &#39;Inflexible&#39; Currencies Foster Imbalances (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHPUSrNLbyejW6MK-tw13KpsWnx8g&url=http://www.bloomberg.com/news/2011-03-04/fed-s-yellen-says-inflexible-currencies-foster-imbalances.html)
Bloomberg
Bernanke told US lawmakers this week that he doesn&#39;t see any evidence of a â??major shiftâ?? away from the dollar as the world&#39;s main reserve currency. The US currency accounted for 61 percent of $9 trillion in global international reserve holdings as of ...

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