Sat, Sep 20, 2014
A A A
Welcome sandeep.kottawar@wns.com
RSS

Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Norway fund to refrain from fx buying in June

Posted on 01 June 2010

From Reuters: Norway’s central bank will not sell Norwegian crowns in June to buy foreign exchange for the country’s oil fund after refraining from selling crowns in May, the bank said on Monday.
The central bank manages Norway’s $450 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

Podcast Play - Download this article   |   Play - Download Full Briefing   |   Subscribe to the Podcast Feed

 Article link

This post was written by:

VRS - who has written 14769 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

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