64eheh - here's a helping hand for you this morning:
Bundesbank eyes $A assets
GERMANY'S Bundesbank, one of the world's most powerful central banks, is considering adding Australian dollar assets such as bonds to its foreign currency holdings in a historic move that would reaffirm Australia's emerging status as a safe haven for investors amid growing disquiet in Europe.
In a dramatic sign of Australia's rising position as a financial powerhouse, thanks in large part to the supercycle commodity boom on the back of rising Asia prosperity, officials from the Bundesbank have stepped up meetings in recent months with major Australian banks to discuss the possible change in foreign currency strategy, sources close to the meetings said
