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

To: RealMuLan who wrote (16769)11/24/2004 5:12:57 PM
From: Chispas  Read Replies (1) | Respond to of 116555
 
Excellent response. You confirmed what I suspected. The
origination of the article was not from Beijing. <G>



To: RealMuLan who wrote (16769)11/24/2004 5:13:02 PM
From: SeaViewer  Read Replies (1) | Respond to of 116555
 
People can get higher RMB exchange rate in black market. In any bank, exchange rate for cash US$ is 8.19 (below 8.22 in the black market). Only those funds from deposit check or wired funds can get 8.26 in the bank (must be deposited for at least one month).



To: RealMuLan who wrote (16769)11/26/2004 10:05:30 AM
From: mishedlo  Read Replies (3) | Respond to of 116555
 
Nissan will suspend most of its Japanese production for five days because of a scarcity of steel. The auto maker said the closures reflect strong demand for new models. Other Japanese car makers are scrambling to ensure they have enough steel to maintain output.
--WSJ-ASIA JNL


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