By Justin Carrigan
Oct. 27 (Bloomberg) -- The dollar may be bolstered as governments tighten banking regulations and policy makers prepare to end asset-purchase programs designed to revive their economies, Royal Bank of Scotland Group Plc said.
“While central banks may be grappling with how and when to exit quantitative monetary-policy measures, another factor that may be a waking sleeper is the tougher banking-sector regulations,” Greg Gibbs, a currency strategist in Sydney, wrote in a report today. “With several plausible reasons why the dollar recovery may have occurred, it may be worthwhile adopting a more defensive attitude towards risky currencies.”
To contact the reporter on this story: Justin Carrigan in London at jcarrigan@bloomberg.net
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