Article

2005-07-21 China-Japan-Koreas

Holy moly, China abolishes Yuan peg to U.S. Dollar

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Posted by gromky 2005-07-21 08:28|| || Front Page|| [5 views since 2007-05-07] Top

#1 Be prepared for higher interest rates...
They may be purchasing fewer US Treasuries and more of those of the other countries in their "currency basket".

Posted by DanNY 2005-07-21 13:05|| 2005-07-21 13:05|| Front Page Top

#2 STand by for a blip in the interest rates and then back to todays base.

Posted by Shipman 2005-07-21 14:59|| 2005-07-21 14:59|| Front Page Top

#3 The real worry is that there might not be enough US Gov debt. There is absolutely no shortage of risk adverse capital.

Posted by Shipman 2005-07-21 15:00|| 2005-07-21 15:00|| Front Page Top

#4 Darth China: "...This will be a day lonngg remembered, it will see the end of the dollar and the end to hegeminy!! You will pay for your apparent lack of vision!"

Posted by smn 2005-07-21 20:22|| 2005-07-21 20:22|| Front Page Top

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