World anti-crisis dollar trunk again

Foreign exchange reserves of the world’s leading economies have again begun to rise and the top ten countries on this indicator at the end of June have gained nearly 5.1 trillion dollars, said the Japanese economic newspaper „Nike“, quoted by ITAR-TASS. The stocks of these countries have increased 8,2 percent compared to the end of February when the decline of the world economy reached its lowest point, the newspaper notes. Now the stock exchange of countries ‘top ten’ are above the level of September 2008, when the bankruptcy of U.S. bank Lehman Brothers (Lehman Brothers) launched a global crisis.

Extremely fast growing reserves of China, Taiwan and South Korea. In late June, China’s foreign exchange reserves, which occupies a leading position in the world on this indicator exceeded 2.13 trillion. dollars, taking into account growth by 13,4 percent compared to the end of October 2008. For the same period the stock of Taiwan and South Korea increased by 14.2 per cent and 15.6 per cent. After the outbreak of the crisis, many countries have begun to sell their dollar reserves and buy their national currency to depreciate not allow her

In March, however, according to Japanese experts, the trend has been reversed. The situation on the stock market in the United States, which is the largest in the world has improved, and investors once again started to show interest in the assets of the new emerging countries. Then the central banks of those countries have again started to buy dollars as a good way to invest their funds.

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Finance