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View Full Version : Yuan Forwards Signal Appreciation for First Time in Six Months - Bloomberg



NewsWhore
03-24-2009, 01:00 AM
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Yuan Forwards Signal Appreciation for First Time in Six Months (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601080%26sid%3DaiO.K3ddzLPI%26refer%3Dasia&cid=1319643587&ei=GmrISdWLEpGSQ8D8xeYN&usg=AFQjCNE4yBKWT_PLgXdshmC3OmkHRS3uGA)
Bloomberg
The expansion of money supply after the Federal Reserve announced plans to buy $300 billion of Treasuries last week may lead to depreciation in the US currency, the China Securities Journal reported, citing Fan Gang, an adviser to the central bank. ...


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