Sunday, March 21, 2004

economy - Revaluation rumor continues

Reuters followed today the already ongoing rumor machines about an upcoming revaluation of the Renminbi. (See also my entries on Friday.) A huge dilemma: the more talk is going around about a revaluation, the more unlikely it is going to happen. When it does not happen early in the coming week, the momentum might be over and rumors will be all out again.

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