Central banks turn to gold over the dollar | Metals Mine

  • Central banks turn to gold over the dollar

    From omfif.org

    A year must feel like a decade for public investors. Last year, our annual Global Public Investor survey showed the dollar was the most in-demand currency for reserve managers. Having recouped earlier losses, many were also willing to add risk to their portfolios. Fast forward 12 months and the script has flipped. Now there are growing questions over the dollar’s dominance in portfolios and public investors are seeking safe-haven assets. OMFIF’s Global Public Investor has tracked central bank reserve managers’ investment strategies since its inception in 2014. In the first edition of the report, we wrote that ... (full story)

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