Governments can take various steps to stimulate their economies, including currency revaluation. Businesses, especially those involved in international trade, can either gain or lose value based on ...
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.
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 ...
Many analysts and market watchers have been trying to figure out what the yuan's revaluation will mean. Will it be bad for technology companies that get materials from China? (See "What The Flexible ...
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 central bank will expand the daily yuan trading band against the dollar. The announcement came after first quarter economic data that China’s gross domestic product growth had slowed to 8.1%.
Why is Christian Science in our name? Our name is about honesty. The Monitor is owned by The Christian Science Church, and we’ve always been transparent about that. The Church publishes the Monitor ...
China's economy has grown dramatically in the last decade: it is more than twice as large as it was ten years ago. This spectacular rise means that Beijing can influence the global economy today in ...
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 ...
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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