Central banks around the world are shifting away from the dollar as major reserve currency but Bangko Sentral ng Pilipinas Governor Amando M. Tetangco Jr. said the trend is likely to create more diverse global reserves instead of shifting to another dominant currency.
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Central banks shifting away from dollar as reserve currency
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Argentinean authorities tighten currency controls
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``Big issue facing world economy is inflation''
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Pakistan could tighten monetary policy further to fight inflation
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IMF directors split over whether yuan is undervalued
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The major foreign currencies consolidated in the Far East
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Lack of economic reports shifts focus to the Dollar
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Bullions expected to trade sideways with weak bias:
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Rupiah advances on speculation central bank will tolerate gains
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PNB forays into money remittance business
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South American nations to seek common currency
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Inflationary pressure becoming visible:
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Central banks should co-ordinate more in crises:
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New trend for emerging gold producers:
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Reserve Bank may lower inflation forecast
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Peso recoups lost ground
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Reserve Bank will continue to use cash Reserve ratio