Central banks invest in wider range of currencies

04/1/2013 | Wall Street Journal, The

Central banks around the world increased investment in currencies outside the US dollar, euro, yen, pound and Swiss franc, according to data from the International Monetary Fund. The portion of central bank reserves invested in currencies that the IMF categorizes as "other", including the Australian and Canadian dollars, increased to a record 6.1%.

View Full Article in:

Wall Street Journal, The

Published in Brief: