24.08.2009 - Sovereign wealth funds add to pressure on the dollar
From Fundstrategy.co.uk: Sovereign wealth funds (SWFs) could give substance to calls to replace the dollar as the global reserve currency, says George Hoguet, a global investment strategist at State Street Global Investors. Hoguet says the enormous strain put on the financial system by the crisis bred increasingly loud appeals for a reform of the international monetary system. It also highlighted the debate over the introduction of “a new global financial architecture”...........Full Article: Source
Print