10 Jun 2009 14:14
Russia reduce U.S. public debt quota in reserve
The U.S. dollar declined against another major currencies after announcement of Vice Governor of the Bank of Russia Ulyukaev. He said that the Central Bank would reduce U.S. public debt quota in its reserve and invest freed funds to IMF debts. Euro/dollar repeatedly tested 1.4140, British pound/dollar reached intraday high at 1.6473. Nevertheless further dollar weakening in short-term aspect would be doubtful. Dollar growth at the end of the last week pointed out that market sentiment to the greenback could be changed very quickly.
