Custody Holdings and The Dollar
magonomics
December 18, 2009
As is well appreciated, the Federal Reserve competes with private sector banks in providing custody services to foreign central banks. The data is reported on a weekly basis, every Thursday. Yesterday the Fed reported that custody holdings rose by about $5 bln. That brings the Q4 increase to about $93.5 bln and the year-to-date figure to $432 bln.…
Custody Holdings and The Dollar
Reviewed by magonomics
on
December 18, 2009
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