G-7 Chiefs Seek Greater Yuan Flexibility
G-7 Chiefs Seek Greater Yuan Flexibility
KiplingerForecasts.com - Sep 16 5:19 AM
Finance chiefs from the Group of Seven industrialized economies reiterated calls for greater exchange rate flexibility in China on Saturday, suggesting they would like to see its currency, the yuan, appreciate.Save to My Web
G7 tells China to unleash yuan
Reuters via Yahoo! News - Sep 16 6:11 AM
The Group of Seven rich nations urged China on Saturday to let its currency rise faster to help ease perilous imbalances in trade and backed a rise in the yen to reflect Japan’s strengthening economic recovery.Save to My Web
Markets
The Providence Journal - Sep 15 8:38 PM
Dollar advances : The dollar rose against major currencies yesterday in New York, ending at 117.59 Japanese yen, up from Thursday’s close of 117.49 yen. The euro closed at 3:30 p.m. at $1.2658, down from $1.2729.Save to My Web
