Investors moving to commodities
Vandana Mumbai Dollar fell below 100 yen for the first time in more than 12 years forcing investors to shift money out of dollar assets. Current estimates of money in asset-tracking commodities are about $110-130 billion globally and this is expected to grow by about 30 per cent over the next year.
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Says Seshadri Bharathan, head of stock broking, Dawnay Day AV,
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