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Srikanth L

CNN readers debate China-U.S. currency flap - 0 views

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    Is the lower value of Chinese currency hurting U.S. consumers and businesses? As U.S. President Barack Obama and Chinese President Hu Jintao discussed this controversial issue on the sidelines of the nuclear summit in Washington on Tuesday, for weeks CNN readers have engaged in a spirited debate on the topic online.
Clelia K

No Jobs At All Were Lost In America Due To Japanese Currency Manipulation - 2 views

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    We've another of those calls to arms over the loss of American manufacturing jobs. From the usual suspects, the Alliance for American Manufacturing (a lobby group of a few manufacturers and the United Steelworkers). They claim that Japans's "currency manipulation" has been responsible for the loss of 900,000 jobs in [...]
Anthony E

China promises to make currency yuan freely traded by 2020 - 0 views

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    China's ruling Communist Party says it plans to make the country's tightly controlled currency, the yuan, freely traded by 2020. The announcement Tuesday came as the party released more details of decisions at a meeting last week on its latest five-year development plan.
Srikanth L

Myanmar to curb use of US dollar to stabilise domestic currency - BBC News - 0 views

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    Myanmar has announced it will curb the widespread use of US dollars by firms, to stabilise the tumbling domestic currency, the kyat. The central bank has revoked foreign exchange licenses from businesses ranging from hotels and restaurants to golf clubs and hospitals.
Semsioglu E

Stop letting countries manipulate FX: US Senator - 0 views

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    The administration is close to sealing a trade pact with 11 Asia-Pacific trading partners, the Trans-Pacific Partnership (TPP), and is also negotiating a deal with the European Union. U.S. Trade Representative Michael Froman said on Tuesday Treasury had the lead on currency issues.
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