29.07.2009 - Emerging nations need up to $900 bln reserves: IMF
From Reuters: The International Monetary Fund on Tuesday estimated reserve needs of emerging countries, outside China and oil producers, could reach between $400 billion and $900 billion over the next five years as countries rebuild from the global financial crisis. The IMF also said reserve needs of a group of 118 emerging market countries it sampled, excluding China and rich oil exporters, could be somewhere between $1.3 trillion and $2 trillion over the next 10 years.........Full Article: Source