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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Cogito Ergo Sum who wrote (67188)10/14/2010 12:25:49 PM
From: elmatador  Respond to of 220301
 
USD avoidance: HSBC Australia Unit Completes Its First Cross-Border Yuan Trade Settlement

bloomberg.com



To: Cogito Ergo Sum who wrote (67188)10/14/2010 12:28:24 PM
From: elmatador  Respond to of 220301
 
Trade sans USD: Rupee-yuan trade platform sans dollar-peg sought
...
a few local banks have sounded out the regulator on the possibility of a new currency arrangement between India and its largest trading partner, China.

They are suggesting a simpler and less expensive mechanism that would bypass the dollar and allow trade payments in local currencies.
economictimes.indiatimes.com



To: Cogito Ergo Sum who wrote (67188)10/14/2010 12:33:24 PM
From: abuelita  Read Replies (1) | Respond to of 220301
 
tanks.

i was somewhat surprised at your
ckg sale, but shouldn't have been
.... afterall, you're a trader :)