SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: mishedlo who wrote (25583)3/14/2005 11:26:41 AM
From: RealMuLan  Respond to of 116555
 
[Is China going to float the Yuan at a measured pace? - Mish]

Float is not in the card now, not before all big 4 state banks are offered on the market. Right now, when the hot money is gone, China will revalue RMB against a basket of currencies at a Peg acceptable for its major trading partners, not just for the US. That is what Wen and Guo tring to say.