Mon, Jul 6, 2015
A A A
Welcome asarmad
RSS

Sovereign Wealth Funds Briefing - Categorized | Market

China wealth fund sees dollar strength as temporary

Posted on 09 December 2008

From Reuters: One of the top managers of China Investment Corp, the country’s $200 billion sovereign wealth fund, reckons current dollar strength is temporary and he would like to bet that the U.S. currency is headed lower.

CIC President Gao Xiqing was speaking in an interview with monthly U.S. magazine The Atlantic two weeks before the Nov. 4 U.S. election. The euro was trading at that time between $1.30 and $1.35. On Monday it stood around $1.2765….. Full Article: Source


 Article link

This post was written by:

VRS - who has written 16606 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
banner
July 2015
M T W T F S S
« Jun    
 12345
6789101112
13141516171819
20212223242526
2728293031