BRIC makes another move towards weaning off dollar
Source: http://feedproxy.google.com/~r/YourFinancialFuture/~3/J9g_n160dKA/Posted on Monday, June 8th, 2009 | In Gold Markets, Market Commentary
BRICs Add $60 Billion Reserves as Zhou Derides Dollar
By Shanthy Nambiar and Lilian Karunungan
June 8 (Bloomberg) #8212; The BRICs are buying dollars at the fastest pace since before credit markets froze in September, protecting exports even as leaders of the biggest emerging markets consider alternatives to the U.S. currency.
Brazil, Russia, India and China increased foreign [...]div class=”feedflare”
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Last 5 posts by Alex Stanczyk
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Alex Stanczyk, Brazil, China, Gold Markets, India, Market Commentary, Russia, Shanthy Nambiar;, United States, USD
 About Alex Stanczyk (http://rapidtrends.com/blog)
Alex Stanczyk is the editor of Your Financial Future. Mr. Stanczyk has launched numerous businesses, acted as the CEO of a Publicly Traded US Company, and brings over 21 years of business experience to YFF. He has authored numerous articles, mentored hundreds in personal finance and wealth building, and spends at least 4 hours each day studying the global markets, drawing insight and conclusions from the flows of global commerce. As an Affiliate of Anglo Far East Bullion Company, Mr. Stanczyk specializes in teaching foundational principles of money, the gold market, and why gold has been a storehouse for wealth for thousands of years. |
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