Forex Trading:The situation in the second half of year is remained to be seen, the government has taken the precautions to resolve the RMB appreciation pressure.
On 27th August, the State Administration of Foreign Exchange (forex) published the notice that to keep the export income abroad.
The foreign exchange (forex) analysts hold that this measure can reduce the hedge pressure of the central bank, so does the RMB appreciation pressure.
In addition to, China Foreign Exchange (forex) Trade System release the notice that since the 19thAugust of 2010, in interbank foreign exchange (forex) market, China set up the RMB against Malaysian Dollar trading.
—-Forex news from Forex Trading
0 comments:
Post a Comment
Note: Only a member of this blog may post a comment.