Ms. Cleo - Market Direction Discussion Message Board

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Strategies & Market Trends : Ms. Cleo - Market Direction Discussion

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To: re3 who wrote (89)	6/10/2009 9:30:19 AM
From: Bank Holding Company	of 92

Russia May Swap U.S. Treasuries for IMF Debt, Central Bank Says By Alex Nicholson June 10 (Bloomberg) -- Russia’s central bank may switch some of its reserves from U.S. Treasuries to International Monetary Fund bonds, the bank’s first deputy chairman, Alexei Ulyukayev, said in Moscow today. His comments were confirmed by a bank official who declined to be named, citing bank policy. Finance Minister Alexei Kudrin said last month that Russia planned to buy $10 billion of IMF bonds using money from its foreign reserves. reuters.com

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