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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: RealMuLan who wrote (16554)	11/22/2004 12:44:47 PM
From: RealMuLan	Read Replies (1) of 116555

China Reaffirms Review of Yuan A central banker offers no specifics, a day after President Hu says a revaluation is possible. Times Headlines Insurance Industry Turns to Lobbyists For Oracle, Winning a War May Be Only Half the Battle Jack Will Spring for Health Coverage Slight Slowing in Growth of Healthcare Costs Expected Tomato Growers Happily See Red more > UNITED STATES CURRENCY TRADING CURRENCY EXCHANGES CHINA CURRENCY EXCHANGES CURRENCY TRADING UNITED S CHINA From Bloomberg News BERLIN — Chinese central bank Gov. Zhou Xiaochuan reiterated Sunday that the country was reviewing its currency exchange rate system but said it was too early to discuss when China might widen the range in which the yuan trades against the dollar. "I can't say the specific policy arrangements for that," Zhou told reporters when asked whether a widening of the trading band might happen next year. He was attending a meeting here of finance ministers and central bankers from the Group of 20 nations. latimes.com

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