Tuesday, June 22, 2010

Central Banks Show Euro Losing Appeal as Loonie Gains (Update2)

http://www.businessweek.com/news/2010-06-22/central-banks-show-euro-losing-appeal-as-loonie-gains-update2-.html

By Oliver Biggadike
June 22 (Bloomberg) -- The Australian and Canadian dollars are becoming reserve currencies for central bankers seeking alternatives to deteriorating government credit quality in Europe, the U.S. and Japan.

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