Yesterday, UK Chancellor George Osborne announced that his government was ready to begin rebuilding its foreign exchange reserves. Depending on when, how, (or even if) this program is implemented, it could have serious implications for the Pound. Forex reserve watchers (myself included) were excited by the updated US Treasury report on foreign holdings of US [...]
Source: http://www.forexblog.org/2011/03/uk-forex-reserve-plan-could-harm-pound.html
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