Currency markets ignore G-7 messages: lack of unified approach makes coordinated action appear highly unlikely

Article Abstract:

The dollar and the yuan have fallen against the euro despite the message sent by the Group of 7 to allow Asian currencies to rise against the euro and the dollar. Although China persists in tying its currency to the dollar, support within the G-7 regarding monetary policy is uneven.

Administration of General Economic Programs, Management dynamics, Currency Stabilization Programs, Management, International aspects, Political aspects, Monetary policy, Company business management, Currency stabilization, Group of 7

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How Paulson will press Beijing, but also reject China-bashing

Article Abstract:

Henry Paulson, U.S. Secretary of the Treasury, supports China's economic rise and foreign economic policies, and feels that the United States will benefit from their stronger economy . Mr. Paulson also expressed his strong support for globalization.

United States, China, International economic relations, Economic aspects, Trade policy, Paulson, Hank, Secretaries of the treasury

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