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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: Gary H who wrote (53181)9/9/2004 11:28:01 PM
From: TobagoJack  Respond to of 74559
 
If Marc Faber is right about China going into depression, then RMB will fall against the USD, until it truly has the ummph to rise afterwards

I am suspicious of the RMB rising on any sustained basis except for perhaps a pop when it repegs against the basket of currencies including the dollar, and then it will slip against the peg by natural law, until it is ready to rise, to take its rightful place