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Sovereign Wealth Funds Briefing - Categorized | Reserve Currencies

Norway to refrain from fx buying in Oct

Posted on 01 October 2009

From Reuters: Norway’s central bank manages Norway’s $400 billion-plus Government Pension Fund — Global which invests surplus oil wealth to save for the future when the oil and gas run out.

The bank sells Norwegian currency to invest the fund’s money in foreign stocks and bonds. It is one of the world’s biggest sovereign wealth funds and Europe’s largest equity investor………………..Full Article: Source

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