Its Over, page-21566

  1. 21,627 Posts.
    lightbulb Created with Sketch. 2005
    ...interesting Yen intervention by BoJ going on despite no comments from officials.

    ...RMB would have to follow Yen depreciation prompting more Gold buying by the Chinese.

    Bloomberg says that there is a small but rising expectation of an RMB maxi-devaluation: "Supporters of a sharp currency depreciation say it would allow Beijing boost exports and give the central bank room to cut interest rates."
 
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