A cheaper currency gave French exports a lift and France built up its gold holdings rapidly.
相对便宜的货币让法国出口搭了顺风车,法国的黄金储备迅速堆积。
2
The konvertibilna marka (convertible mark or BAM)- the national currency introduced in 1998 - is now pegged to the euro, and the Central Bank of BH has dramatically increased its reserve holdings.
Global diversification thus provides an automatic buffer against a dollar drop, unless the fund managers have hedged the holdings back into U.S. currency.