Archive for October 27th, 2009
Prospects for Chinese Yuan Revaluation Improve – 889th Edition
In its semi-annual report to Congress, the Treasury Department once again failed to officially label China (or any country for that matter) a currency manipulator. No surprise there. While it’s self-evident that China manipulates the RMB (via the peg with the US Dollar), the political implications of such a label prevent it from being used [...]
