• International Monetary Fund data shows central banks increased their holdings of Canadian dollars to $108.9-billion in the second quarter of 2013
  • Up from $94.9-billion in Q1 2013 & $90.1-billion in Q4 2012
  • Australian dollar is at $101-billion Q2 (behind those pesky Canadians …)
  • Canadian dollars demand this year given the country’s relative fiscal health and due to diversification among central banks
  • The CAD and AUD recently joined the IMF list known as “Currency Composition of Official Foreign Exchange Reserves” (joining the U.S. dollar, euro, the British pound, yen and the Swiss franc). Hasn’t stopped the AUD from being trashed this year though
    :-)