Thu, Aug 21, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Currencies, Market Moves more

Will China devalue the yuan?

Posted on 11 February 2009

From Investorschronicle.co.uk: World trade has collapsed. Industrial production in, and exports from, Asian countries such as Korea, Taiwan and Japan have fallen by mind-boggling amounts, causing sharp slide in currencies like the Won and the Taiwanese dollar.

This in turn has made Chinese exports more expensive in relative terms. At the same time, officials in the incoming US administration have protested that the Chinese currency, the yuan, is being deliberately manipulated….. Full Article: Source


 Article link

This post was written by:

VRS - who has written 36545 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

August 2014
S M T W T F S
« Jul    
 12
3456789
10111213141516
17181920212223
24252627282930
31