I dont know if polices allow Nepal to have foreign reserves denominated in Special Drawing Rights..If yes ..Nepal should go for it ................
One of our two cousins,China is PLANNING TO DO it,sO why not us ....Chinese authorities had signalled their intention to invest up to $50 billion in IMF Bonds..If you read NYT (kurgMAN ) or FT ( nAIL fURGOSON ) THESE DAYS,THEN U WILL COME ACROSS HISTORIAN AND ECONOMIST ARGUING IF inflation OR deflation IS GOING TO BE THE NEXT PROBLEM... if YOU TAKE THE WORDS OF THE HISTORIAN THEN INFLATION IS COMING ...WITH ALL THE SIMULUTS PACKAGE AND MONEY PUMPING POLICES ... pPL ARE ALREADY SCARED ABOUT INFLATION,YIELD IN 10 YEAR T BILL ARE NORTH BOUND .IT BRIEFLY TOUCHED 4% N THEN CLOSED LITTLE UNDER 4 ON FRIDAY ...
aCCORDING TO NEPAL'S CENTRAL BANK RECENT REPORT NEPAL HAVE US$ 3.47 billion OF FOREIGN RESERVES AS OF mid-April 2009.so PPL DO YOU GUYS THINK IT IS A GOOD IDEA TO SWITCH SOME PORTION FOREIGN RESERVES FROM DOLLARS TO IMF BONDS ?
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