Topic: Chinese Renminbi
The new virtual world currency is an index of the world’s 15 largest economies, weighted by their gross domestic product, adjusted for purchasing power parity.
10/28/2010 11:10 am
Japan called US Treasury Secretary Timothy Geithner 'unrealistic,' while India doubted he would have support among emerging economies at the G20 summit next month.
10/22/2010 12:32 pm
Currency market adjustments are a major focus of Friday's G-20 meeting of finance ministers and central bankers.
10/22/2010 08:46 am
G20 nations are in danger of escalating currency wars, as each strives to give its exports a price advantage on the world market. Anxiety rises as finance ministers meet this week.
10/21/2010 06:20 pm
With the Fed easing and the value of the US dollar falling, Hong Kong should peg its currency to the yuan.
10/17/2010 04:00 pm
Changing economic conditions in China and the US have made it possible for the US government to take action on China's manipulation of the yuan.
10/15/2010 06:00 pm
Xenophobia and isolationism are spreading in America. When Democrats jump onto China bashing, they miss the real causes of the recession, and worse, legitimize us-vs.-them thinking.
10/11/2010 02:05 pm
The International Monetary Fund gathering ended with nations going their own way on exchange rates. One reason: the difficult relationship between the US and China.
10/09/2010 05:53 pm
Currency exchange rates have taken center stage in financial markets, prompting investors to worry that nations will try devaluation as a way to bolster exports. The IMF's annual meeting is Friday in Washington.
10/07/2010 07:55 pm
World governments have manipulated currency ever since they unpinned it from gold, 40 years ago. Today, everyone is devaluing their own currency, while gold skyrockets.
10/06/2010 06:35 pm