Is dollar's shift the start of something nasty?
China has accumulated the biggest pile of currency reserves ever known in less time than it takes to train a doctor. To cajole China into resolving this syndrome by allowing the yuan to rise meaningfully, the IMF talked of the dollar needing to fall against Asian surplus currencies rather than just the people’s yuan.
http://business.timesonline.co.uk/article/0,,13129-2150322,00.html
From Information Clearing House
http://business.timesonline.co.uk/article/0,,13129-2150322,00.html
From Information Clearing House
rudkla - 29. Apr, 14:38
