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IPFS News Link • Economy - Economics USA

Sovereign funds cut exposure to weak dollar

07-16-2008 • Financial TImes

One big sovereign fund in the Gulf has cut its dollar-denominated holdings from more than 80 per cent a year ago to less than 60 per cent, while China’s State Administration of Foreign Exchange (SAFE) has been looking to strike deals with private equ

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Reported By Ernest Hancock

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