China is considering a currency basket as option for Yuan
Article Abstract:
China is under pressure to change it's currency exchange rate system to better balance global currency rates and The People's Bank of China is studying the matter. The central bank is particularly studying Singapore's unusual currency basket approach as an alternative for the Yuan.
Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2005
Government expenditures, Singapore, Economic policy, Foreign exchange, Foreign exchange rates, China. People's Bank of China
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2005
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Currency reserves held by Beijing continue to swell
Article Abstract:
China's central bank is experiencing growth in currency exchange reserves which are up to $818.9 billion and expected to increase to $1 trillion. The swelling reserves may put pressure on China by the United States to increase it's currency rate.
Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2006
United States, Political aspects, Foreign exchange reserves
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2006
User Contributions:
Comment about this article or add new information about this topic:
Subjects list: China, Economic aspects, Prices and rates, Company pricing policy, Yuan (China)
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