The greenback drops to a 14-month low against the euro after the PBC suggests that the share of the euro and the yen should increase in its foreign exchange reserves ...full story at Financial Times
from Financial Times on Mon, Oct 26 2009
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| 04 Dec 08 |
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| 26 Oct 09 |
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(Over)Excitement About China’s Reserves » China Journal An analysis piece by a mid-ranking central bank official that included a call for China to increase its holdings of euro and yen in its now dollar-heavy foreign-exchange reserves triggered an apparent overreaction in currency markets. |
| 26 Nov 07 |
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Greenback decline has ripple effects » People's Daily The falling US dollar could further stoke inflation in China and encourage the inflow of speculative capital while trimming the trade surplus, analysts have said. The greenback has depreciated about 40 percent against the euro since 2001 ... |
| 03 Sep 08 |
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RMB exchange rate against euro breaks "10" for the first time this year » People's Daily RMB exchange rate to euro has kept rising since the second quarter of this year, and for the first time it reached 10: 1 on September 2. Since the reform of the exchange rate, the RMB exchange rate against the euro shows a two-way moderate fluctuation... |
| 16 Jul 09 |
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Rapid growth of foreign exchange reserves might lead to RMB appreciation pressure » People's Daily &$&$Surging forex reserve marks inflow of international capital&$&$ &$&$More foreign exchange reserves should be in private hands&$&$ China's foreign exchange reserves have again picked up momentum since March this year increasing by 177.87 billion... |
| 09 Sep 08 |
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Chinese currency up more than 10% against euro in one month » People's Daily China's currency has soared against the euro and the British pound since the beginning of August, and analysts believe it looks set to continue its dramatic appreciation in the fourth quarter, adversely affecting some Chinese exporters. Data from... |
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