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Posts Tagged ‘ Currency Holdings ’

Geithner Opens Up Debt Dialogue With China, but the Dollar Still May be Doomed

Jun 3rd, 2009 | By Jason Simpkins | Category: Financial News

Two days of talks between U.S. Treasury Secretary Timothy F. Geithner and Chinese officials culminated yesterday (Tuesday) with both parties reaffirming their confidence in the value of the dollar, and the viability of U.S. debt.

Tags: Currency Holdings, FNM, FRE, Jason Simpkins, Treasury Markets, Wen Jiabo
Posted in Financial News | No Comments »

China Flexes its Muscles and Finds Support in a Bid to Dump the Dollar as the World’s Main Reserve Currency

Apr 13th, 2009 | By Jason Simpkins | Category: Emerging Markets, Financial News

Finance officials from Beijing in Moscow on Thursday held a videoconference to discuss the creation of a “supra-national reserve currency,” the latest evidence of the support China is getting from developing countries as it seeks to replace the U.S. dollar as the world’s main reserve currency.

Tags: Budget Deficit, Currency Holdings, FNM, Foreign Currency, FRE, Global Investors, Jason Simpkins, JPM, Rbs, Reserve Currency, Treasuries, US dollar, Wen Jiabao
Posted in Emerging Markets, Financial News | No Comments »

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