We ask industry figures.... Which currencies will offer most value in 2011?
Thanos Papasavvas, head of currency management, Investec With a window of more upbeat economic activity to look forward to, we have a bias towards pro-growth currencies such as the Canadian dollar, the Swedish krona and the Norwegian krone. We also retain our strategic preference for many emerging market currencies, particularly in Asia, where more tolerant attitude to currency appreciation will be the natural reaction to rising inflation pressures and western political pressure. Since the spring of 2009, the global economic recovery has swung between euphoria and despair as po...
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