11
June
Dollar slides, UST yields rise after Russia comments
11 June 2009 Bloomberg.com
LONDON, June 10 (Reuters) - The dollar slipped against a range of currencies, while U.S. Treasury yields rose on Wednesday after Russia's central bank said it will cut the share of its currency reserves invested in U.S. Treasuries and buy IMF bonds.
The dollar index .DXY fell as low as around 79.483 after the Russian central bank's first deputy chairman said it would increase its share of reserves placed in foreign banks' deposits .
http://www.reuters.com/article/usDollarRpt/idUSLA70522120090610
