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View Full Version : G-20 May Stick With 2010 Currency Accord as Divisions Persist at Meeting - Bloomberg



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02-21-2011, 07:30 PM
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G-20 May Stick With 2010 Currency Accord as Divisions Persist at Meeting (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNECAfZuafHM24nxxYfjXa2DCJ6xFg&url=http://www.bloomberg.com/news/2011-02-18/china-leads-fight-against-west-s-economic-formula-in-scrap-at-g-20-meeting.html)
Bloomberg
In a concession to US-led pressure to push up its currency, China raised bank-reserve requirements yesterday for the eighth time in a year and indicated that a four-month old cycle of interest-rate rises will go on. The yuan advanced to 6.5732 per ...

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