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.
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 ...
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 ...
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 ...
According to both economists, the answer is NO. According to Stiglitz: "A 3% change on the foreign exchange rate does not have a significant effect" on the US trade deficit with China". Factories are ...
Nobel economist Gary Becker on China’s currency policy: “I doubt the wisdom of the US for complaining against China’s currency policy and of China for its response. On the whole, I believe most ...
Even though the third U.S. presidential debate will tackle specific foreign policy issues, Mark McDonald of The International Herald Tribune writes that President Barack Obama and Republican ...
04 March 2007 Dubai: The UAE will not revalue its currency ahead of other GCC states, the Central Bank governor said yesterday. The continued decline of the dollar has weakened Gulf currencies, which ...
19 November 2007 Dubai: The six oil-rich Gulf countries should carry out a one-time big revaluation to adjust their currencies, Steve Forbes, US entrepreneur, told Leaders in Dubai conference. Gulf ...
“They have convinced us that the likelihood of real progress with China on currency revaluation is very real and could well occur in a very short while, in the next few months,” Sen. Charles Schumer ...
WASHINGTON (Reuters) - Senate Majority Leader Harry Reid urged Chinese President Hu Jintao to address his country's huge trade imbalance with the United States through a "significant revaluation" of ...
RIYADH (Reuters) - Saudi Arabia could consider revaluing the riyal with other Gulf oil producers, but has no plans to drop its peg to the tumbling dollar to track a currency basket, a source familiar ...
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