Wed, Sep 3, 2014
A A A
Welcome sandeep.kottawar@wns.com
RSS

Sovereign Wealth Funds Briefing - Categorized | Reserve Currencies

Bank of Israel to boost foreign currency reserves to $44b.

Posted on 02 December 2008

From Jpost.com: The Bank of Israel will boost foreign-currency reserves to between $40 billion and $44b. through the daily purchase of $100 million of foreign currencies.

The plan to increase the reserves, which now amount to about $37b., will be “re-examined from time to time,” the central bank said in an official statement on Sunday. The bank has been implementing a plan to boost reserves since March and has bought $10b. since then, according to the statement…… Full Article: Source


 Article link

This post was written by:

VRS - who has written 14666 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

September 2014
M T W T F S S
« Aug    
1234567
891011121314
15161718192021
22232425262728
2930