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From Quamnet.com: Joseph Yam, chief executive of Hong Kong Monetary Authority (HKMA), “The impact of foreign-reserves accumulation on global finance should generally be favourable because the management of official reserves is usually more stable than the management of private capital.”… Full article: Source
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Sovereign Wealth Funds Briefing - Categorized | Reserve Currencies
Hong Kong Monetary Authority chief on emerging economies’ foreign reserves
| Posted on 28 August 2008 |
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