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Sovereign Wealth Funds Briefing - Categorized | Asset Allocation, Investment

Russia to cut its US treasury holdings: central bank

Posted on 11 June 2009

From AFP: Russia announced plans Wednesday to cut the US Treasury bond holdings in its 400-billion-dollar sovereign wealth fund, the central bank’s first deputy chairman, Alexei Ulyukayev, said.

“We plan to reduce the portion of US Treasuries since the window of opportunity has arisen to work with other (financial) instruments,” he was quoted by Russian news agencies as saying……..Full Article: Source


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