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View Full Version : Asia Seeks to Diversify Record Reserves as U.S. Dollar Declines - Bloomberg



NewsWhore
05-02-2011, 12:40 PM
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Asia Seeks to Diversify Record Reserves as U.S. Dollar Declines (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHFs3qN-UpS-QRz38NpQHOGzFjelw&url=http://www.bloomberg.com/news/2011-05-02/asia-seeks-to-diversify-record-reserves-as-u-s-dollar-declines.html)
Bloomberg
With the dollar remaining the dominant reserve asset, the currency&#39;s decline threatens to erode returns on Asia&#39;s stockpile. “Asia needs to use its reserves more productively regardless of whether it is to set up financial safety nets or to invest more ...

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