US$ gets ditched. Aussie $ bring wooed.

Snapshot Summary :
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. Aussie Dollars finds new friends.
. As US$ gets ditched.
. Russia buying unto $5 billion of Aussie Dollar.
. 3rd quarter 2011(sept, oct)
. Central banks readjusting their portfolios.
. Diversifying out of US$ treasuries.
. Recently we saw Brazil buying Treasuries from China.
. US treasuries remains a hot potatoes.
. Everyone wants to get rid of.
. Russia has already reduced 25% of their US$ holdings.

http://www.businessspectator.com.au/bs.nsf/Article/Russia-buys-into-Australian-dollar-report-pd20110620-HYSQB?opendocument&src=rss