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Politics : Idea Of The Day

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To: IQBAL LATIF who wrote (22927)1/26/1999 9:34:00 PM
From: J.T.  Read Replies (1) of 50167
 
IKE, What are the chances of China devaluing the yuan? If this occurs, what is/are the spillover effects to Hang Seng, Brazil, NIKKEI and U.S. markets and any potential ramifications to plan ahead for? I get feeling China sent out "trial balloon" via BBC and with Brazil markets rebounding and it getting harder to defend their currency.... Your thoughts please... JT
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