Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Maurice Winn who wrote (67977)	11/10/2010 10:51:58 PM
From: Hawkmoon	Respond to of 217576

The yuan is set at a fixed price [near enough for government work] in US$. Fixed equals free? Come on Maurice.. I expect better our of you.. ;0) Hawk

To: Maurice Winn who wrote (67977)	11/10/2010 10:54:29 PM
From: Hawkmoon	Read Replies (1) \| Respond to of 217576

The yuan is set at a fixed price [near enough for government work] in US$. Fixed equals free? Why isn't the Yuan acting like the Euro and Yen? It's because those two currencies have a "free market".. If it's "free" for the Yuan to peg against the USD, why don't we peg the dollar against something.. maybe housing prices? Come on Maurice.. I expect better our of you.. ;0) Hawk

To: Maurice Winn who wrote (67977)	4/18/2011 3:20:27 PM
From: elmatador	Read Replies (1) \| Respond to of 217576

agreement with New Zealand would encourage more international trade settlements in the Chinese currency. China, New Zealand agree 4-billion-US-dollar currency swap Apr 18, 2011, 9:56 GMT Beijing - The central banks of China and New Zealand have signed a currency swap agreement worth nearly 4 billion US dollars over the next three years, the Chinese bank said on Monday. The People's Bank of China said it had agreed the 25-billion-yuan (3.83 billion US dollars) deal with the Reserve Bank of New Zealand for an initial three years. The agreement was designed to promote bilateral trade, investment and financial cooperation, the bank said in a statement. The People's Bank of China had already signed similar currency swap agreements with South Korea, Hong Kong, Malaysia, Belarus, Indonesia, Argentina, Iceland and Singapore since late 2008. State media quoted analysts as saying the agreement with New Zealand would encourage more international trade settlements in the Chinese currency.