Dollar weakens on China renminbi hints
China’s central bank acknowledged the case for a stronger renminbi, days ahead of the arrival in Beijing of US president Barack Obama for talks expected to highlight mounting international concern over Chinese currency policy The US dollar continued to decline on Thursday while gold reached a new record high after China’s central bank acknowledged the case for a stronger renminbi, days ahead of the arrival in Beijing of US president Barack Obama for talks expected to highlight mounting international concern over Chinese currency policy. Mr Obama’s visit, as part of an Asian tour, also comes as the US dollar hits...
Original Article: Forum: News/Activism
Tags: Ahead, Asian Tour, Barack Obama, Beijing, China, Chinese Currency, Currency Policy, Gold, International Concern, Renminbi, S Central, Us Dollar, X92