CanadaÃ¢â‚¬â„¢s Finance Minister Jim Flaherty said China, with the worldÃ¢â‚¬â„¢s largest currency reserves of $2.3 trillion, may be poised to buy Canadian dollars as it seeks to shield its reserves against the U.S. dollarÃ¢â‚¬â„¢s decline.
This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.