BEIRUT: A leading banker said Wednesday the time is not ripe to unpeg
the basket of Arab currencies from the US dollar, despite the global financial crisis.
A big threat to the world economy would arise from instability in China if it were to unpeg
RMB to dollar before its financial system is prepared to take the heat.
Yes - I guess if those noodleheads in Washington unpeg
the gold and the Golden Fleece is worked again, they'll be back.
Jackson discusses China's big news from the weekend when China said it will unpeg
the Yuan from the Dollar, which Eric believes shows a large degree of confidence by China in their future.
Europe's calls to have China unpeg
its currency from the falling dollar were firmly rebuffed by Beijing.
They include urging elected officials to demand that China unpeg
its "artificially low" currency from the U.
Complicating matters is the Chinese government's announcement that it will unpeg
the yuan from the U.
Hong Kong moves to unpeg
its dollar from the US dollar, and repeg it to the Chinese renminbi.
The same month Thailand followed by Indonesia and the Philippines were forced to unpeg
their currencies from the dollar.
On a related theme, the US trade deficit is struggling amid China's resistance to unpeg
its yuan currency from the dollar.