Tue, Jul 29, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Currencies more

Currency wars cloud picture for investors

Posted on 27 October 2010

From Theaustralian.com.au: If one currency goes up in value on the foreign exchange markets, the worth of another currency must go down. Exchange rates can’t all move in the same direction. But we’re now seeing many countries attempting competitive devaluations. It’s being called the new currency wars.
The US and China have been at loggerheads for some time over the value of the Chinese currency, the yuan (also called the renminbi)……………………………………….Full Article: Source


 Article link

This post was written by:

VRS - who has written 36171 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

July 2014
S M T W T F S
« Jun    
 12345
6789101112
13141516171819
20212223242526
2728293031