Good to get an analysis of the involvement of CB Russia’s dollar reserves on the short-term private, Eurodollar or other funding market. Adam Tooze indicated in his Chartbook that such probably was the case. And that the freezing of these assets thus would have significant impact on financial markets. Any idea?
Good to get an analysis of the involvement of CB Russia’s dollar reserves on the short-term private, Eurodollar or other funding market. Adam Tooze indicated in his Chartbook that such probably was the case. And that the freezing of these assets thus would have significant impact on financial markets. Any idea?
I read Zoltan when I want to answer questions like that, and probably Adam Tooze does to. Here's what Zoltan said on this last week:
https://plus2.credit-suisse.com/content/credit-suisse-research/us/en/shorturlpdf.html?v=4ZcV-a56j-V
Thanks, very useful and suspense-raising. Karen