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18 Jun 2013
Flash: IMF to announce holdings of AUD and CAD – UBS
FXstreet.com (New York) - The IMF announced overnight that, on June 28th, it will reveal for the first time the size of reserve manager holdings in AUD and CAD.
Plans to do so have been in the pipeline for some time but now at last we have a precise date for when to expect this key data release. The IMF already tracks the changing currency composition of reserve manager portfolios. However, currently only USD, EUR, JPY, GBP and CHF holdings are published separately. Holdings of all other currencies are bundled together in a single 'other' category.
Could extant currencies be preferred?
According to Research Analyst Gareth Berry at UBS, “That's good enough to monitor the diversification trend into less liquid currencies over the past four years, but it offers no insight into which 'other' currencies are preferred.
Plans to do so have been in the pipeline for some time but now at last we have a precise date for when to expect this key data release. The IMF already tracks the changing currency composition of reserve manager portfolios. However, currently only USD, EUR, JPY, GBP and CHF holdings are published separately. Holdings of all other currencies are bundled together in a single 'other' category.
Could extant currencies be preferred?
According to Research Analyst Gareth Berry at UBS, “That's good enough to monitor the diversification trend into less liquid currencies over the past four years, but it offers no insight into which 'other' currencies are preferred.