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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Snowshoe who wrote (73192)4/9/2010 9:41:09 AM
From: Haim R. Branisteanu   of 74559
 
Russia Central Bank Says Canada Dollars Not Added To Reserves

MOSCOW (Dow Jones)--Russia hasn't yet added Canadian-dollar assets to its currency reserves, the world's third-largest, central bank Chairman Sergei Ignatyev said Friday.

Problems with financial "infrastructure" have prevented Canadian-dollar investments, Ignatyev told reporters in Moscow.

Russia's international reserves stood at $447.2 billion as of April 2.

Company Web site: www.cbr.ru

-By Ira Iosebashvili, Dow Jones Newswires; +7 495 232-9192;
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