BANKING AND CREDIT NEWS-January 19, 2015-Alpari sustains heavy losses as Switzerland
unpegs currency from the euro
Summary: 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.
147) This was exemplified when Argentina decided to
unpeg the peso at the turn of the century.
So asking China to re-value RMB or to
unpeg its exchange rate against dollar is the same as asking it to appreciate RMB.
Q China has been grabbing headlines recently for failing to
unpeg the yuan from the U.
As for the washing -
unpeg it and dump it, neatly, on the grass.
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.
The obvious meaning is to
unpeg it from whatever internationally-believed-to-be-sound kind of currency.
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.
The same month Thailand followed by Indonesia and the Philippines were forced to
unpeg their currencies from the dollar.
