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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 421.66

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Jan 13 4:00 PM EST

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To: TobagoJack who wrote (57667)	11/9/2009 9:56:41 PM
From: Snowshoe	Read Replies (3) of 219321

Brazil joins chorus against Chinese currency controls... Emerging nations taking up baton on China's yuan mg.co.za Brazil's Finance Minister Guido Mantega -- part of the "Bric" group that also includes Russia, China and India -- said he wanted to bring up the disparity between fixed and floating exchange rates at the G20. A source in his department was more blunt -- saying China's managed rate regime gave it too much of a competitive edge when it comes to exports. "What is a concern is China's fixed exchange rate," the Brazil source told Reuters at the meeting of the Group's finance ministers and central bankers. "The whole problem is China." "Either all countries should have a fixed exchange rate or all should have a floating exchange rate."

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