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Monday, February 26, 2007
Central Banks Diversify From Dollar, Survey Shows Central banks are still investing in riskier assets as they chase greater returns on yields. Sixty-nine percent said they were looking for more yield, having been forced to widen their asset range by a low-yielding environment.
More than half of the respondents said there is scope for central banks to diversify beyond traditional assets into equities, and around a third said banks should invest in commodities.
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