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Sovereign Wealth Funds Briefing - Categorized | Market

Yen to fall, dollar to rise -China sovereign fund official

Posted on 12 January 2010

From Reuters: The U.S. dollar has hit bottom while the yen will continue to decline, Peng Junming, an official at China’s $300 billion sovereign wealth fund, said on Tuesday.

Both the United States and China would likely raise interest rates in the second half of the year, said Peng, who resides in the China Investment Corp’s asset allocation department, in a speech……………………………………Full Article: Source


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