The current world economic situation, part of the crisis, especially after the 311 earthquake in Japan, changes in the international foreign exchange market ups and downs. According to the Argentine National Bureau of Statistics recently released report that as of last year, Argentina's private foreign exchange totaling $ 176,853,000,000, the Argentine Central Bank foreign currency reserves of 3 Read More...
Brazilian Finance Minister Guido Mantega stunned the world yesterday in Sao Paulo. He said, because many countries are manipulating their currencies, an "international currency war" had broken out. Britain's Financial Times and Reuters have reported the news. Mantega made the remarks before the Bank of Japan, Korea and other central banks in order to let its currency become cheaper, the recently implemented a series of interventions Read More...
U.S. Treasury Department report released on the 16th, following a substantial reduction in May compared with 32.5 billion U.S. dollars of U.S. Treasury bonds after the June re-reduction of 24 billion U.S. dollars in China's U.S. Treasury bonds. Thus, in the first half, China in March and April in addition to holdings of U Read More...
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