Currents of Currency Message Board

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Strategies & Market Trends : Currents of Currency

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To: Ahda who wrote (423)	8/27/2015 3:53:00 PM
From: Ahda	Read Replies (1) of 594

China has cut its holdings of U.S. Treasuries this month to raise dollars needed to support the yuan in the wake of a shock devaluation two weeks ago, according to people familiar with the matter. http://www.bloomberg.com/news/articles/2015-08-27/china-said-to-sell-treasuries-as-dollars-needed-for-yuan-support?cmpid=yhoo First she devalues the currency called Yuan so on exchange for other currency she has lowered export price of China products . Then she sells off US treasures so she can stop the decrease in the Yuan and increase exchange rate of Yuan so she very well could of increased price on China export products. Maybe the plus is in the currency exchange commission rate? Maybe the commission is the plus in USA market fluctuations too.? China is confused and we are confussed too. What is next?????????

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