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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: RealMuLan who wrote (16554)11/22/2004 12:44:47 PM
From: RealMuLan  Read Replies (1) | Respond to of 116555
 
China Reaffirms Review of Yuan
A central banker offers no specifics, a day after President Hu says a revaluation is possible.


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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