China’s foreign-exchange reserves jumped by a record 7.5% during the fourth quarter, increasing concerns over the country’s inflation, The New York Times reported Tuesday.
Continue reading China’s Record Foreig…
They’re gearing up for a potentially damaging round of currency interventions to help keep their economies competitive, especially against China. Says Brazilian Finance Minister Guido Mantega: “This is a currency war that is tu…
For a host of reasons, other countries would love to free their economies from the stranglehold of the U.S. dollar’s influence, especially now, when the Fed’s stimulus actions are pushing the dollar lower, and everything else h…