Forex Currency: China expected to move on forex policy, March 17
Issue:ikonfx | Date: 2010年3月17日China is March 17 announced to decide it needs to adopt a flexible forex rate policy. "It's an important issue for China, for all China's trading partners, and I'll say as I've said before, I think China will decide ultimately it's in their interest to move," Geithner said in an interview on Fox Business Television. "I think ultimately they're going to decide over time it's in Forex Currency interest to move to a more flexible exchange rate," he added. Geithner was pressed to say whether he supported a move in the U.S. Senate, pushed by Democratic Senator Charles Schumer, to levy duties on some Chinese-made goods unless Beijing agrees to revalue its currency. For more forex, please go to Forex Currency. By Mia [Forex: Ringgit rebounds higher than US dollar] [Yen dips, dollar supported ahead of payrolls, Mar. 5] [Mar. 2, Euro falls vs dollar after RBA says Europe a risk] [Mar. 1, Investors brace for Bernanke, supported by dollar]
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