Peter Rosenstreich, chief market analyst at ACM Advanced Currency Markets, talks with Bloomberg's Jeremy Naylor from Geneva about the appreciation of the yuan, U.S. Treasury Secretary Henry Paulson's talks with Chinese officials and the outlook for the pound and Asian currencies. The yuan will extend its advance through December, taking gains since the peg was scrapped almost three years ago to 24 percent, according to a Bloomberg News survey of analysts and economists.
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Added: Jun 18, 2008 |
| Category: Business |
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