The greenback is set to continue to rise in 2012, says Morgan Stanley, helped by central banks...

|By:, SA News Editor

The greenback is set to continue to rise in 2012, says Morgan Stanley, helped by central banks adding to their dollar reserves, which rose to 62.1% of assets at December's end from 60.5% 3 months earlier. Morgan figures this has left the private sector $2T short of what it needs.