Bank of Russia To Invest in Canadian Dollar - Pravda.Ru

icon gravatar.comenglish.pravda.ru/business/finance/26-11-2009/110769-canadia...
sent by Sparrows since 73 days 16 hours 29 minutes, published about 72 days 19 hours 1 minute
The Central Bank of the Russian Federation is going to invest a part of the funds of Russia’s international reserves into the tools nominated in the Canadian dollar, RIA Novosti reports with reference to Sergey Shvetsov, the director of the CB’s department for operations on financial markets. “We are currently conducting technical preparations for operations with the Canadian dollar. There can be one or two currencies added afterwards, and that would be it,” Shvetsov said at the State Duma during a session of the council for credit policy.
tags: russia, canadian dollar, other currencies
2 commentscategory: The World karma: 115

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  1. #1    Whoa! If its true. Some of Pravda reads like the National Enquirer these days so it is "grain of salt" time.
    written by bloozguy since 73 days 4 hours 42 minutesbloozguy
  2. #2    Bloozguy, don't be too skeptical. I broke the Georgian troop story killing Russian civilians when some on here thought the Russians were doing it, using Pravda. By the way, Pravda means "truth" in Russian. I will take this rag, just like I will take the NY Post rag, and a few other ones out there before I care to use MSM.

    Also, one of my fav websites "Oh Bummer" was taken off on 11/26/09. Don't know why yet, but I am sure I will find out. It appears sites like these know more or are closer to the real stories, then some of the pundit tales told in the MSM.

    So, you probably will see more coming from Pravda in the future, especially if I cannot seem to get the real stories from any of the other sources.
    written by Sparrows since 72 days 18 hours 7 minutesSparrows
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