Forex Blog

December 23, 2009

Russia, China May Buy Canada Dollars to Diversify

Filed under: OANDA News, Uncategorized — Tags: 2-3-trillion, flaherty, forex round up, reserves-against, shield-its, Uncategorized, usd, with-the-world — admin @ 3:58 am

Canada’s Finance Minister Jim Flaherty said China, with the world’s largest currency reserves of $2.3 trillion, may be poised to buy Canadian dollars as it seeks to shield its reserves against the U.S. dollar’s decline.

Bloomberg

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