Careful diversification out of the US Treasury system warranted
Sri Lanka, Sept. 11 -- Reserve managers have good reason to spread holdings beyond US Treasuries but should move gradually, without abandoning the world's deepest bond market, speakers told the Central Bank of Sri Lanka's Reserve Management Conference, which opened at The Kingsbury, Colombo, on 10 September.Sri Lanka Tourism
In his keynote, CBSL Governor Dr. P. Nandalal Weerasinghe said the dollar remained dominant and dollar markets unmatched in depth, but warned against excessive concentration in any single currency. Geopolitical risks, including jurisdiction and sanctions risk, "must be integrated into investment decisions," he said, while asking "how much diversification is beneficial before it begins to reduce liquidity and operatio...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.