China is feeling the worldwide pressure to raise the value of its currency. After refusing to consider revaluation last fall, Chinese officials are now volunteering that they are studying the problem.
The Bush Administration and the Chinese Government are off the hook, at least for now. The Fair Currency Alliance (FCA), of which AMT is a leading member, has decided against filing a Section 301 (of ...
China’s currency, the renminbi, is undervalued. Everyday evidence abounds: residents of Hong Kong, whose currency is tightly pegged to the US dollar, flock across the border to Shenzhen for weekends ...
A little over six months ago, a friend called me up with a "surefire" money-making investment: put money on China allowing its currency, the yuan, to appreciate within the next eight months. My friend ...
Exclusive-Syria to Revalue Currency, Dropping Two Zeros in Bid for Stability DAMASCUS (Reuters) -Syria will issue new banknotes, removing two zeros from its currency in an attempt to restore public ...
Nigeria’s biggest lenders reported 14.9% decline in 9-month profit as the one-off currency revaluation windfall that inflated 2024 earnings..
Despite still showing no signs of ever paying off, the Iraqi dinar scam not only lives on, but appears to have found a new home where the worthless currency can easily be bought and sold without ...
DAMASCUS (Reuters) -Syria will issue new banknotes, removing two zeros from its currency in an attempt to restore public confidence in the severely devalued pound, according to seven sources familiar ...
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