FX-linked investments boosted as dollar weakens

FX-linked investments are enjoying rapid growth in the US market as the dollar experiences further decline. The asset class is now the second-fastest growing in the region after commodities, according to recently released data from MTN-i, and tops the table for largest year-on-year increase, with issuance hitting US$4.5 billion in 2007.

"The weak dollar has been the theme of pretty much all these products, whether structured notes, exchange-traded notes (ETNs) or certificates of deposits (CDs),"

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