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The key to the global exchange rate is in the United States

October 22nd, 2010

Brazilian Finance Minister Mantega on the 21st that the United States monetary policy has led to imbalance in the exchange rate market, the most fundamental factor, he hoped to reach a global consensus to address this problem. For some countries to put pressure on China to revalue its currency, Mantega said, the solution depends on the attitude of Washington, and has nothing to do with China Read More...

The global exchange rate war’ effect

October 20th, 2010

Brazil yesterday announced measures to slow the real appreciation trend, while that may be forced to take further steps to interfere with other exchange rate. This is a recent intervention in the exchange rate of the rise of the latest in a wave of waves. 6 years in Japan to break the silence, the first intervention in foreign exchange market, South Korea, India, Brazil and other countries have joined the ranks Read More...