Agoracom: Small Cap Investment - Golden Band Resources - Re: Please Take Notice

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Fran Six

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Re: Please Take Notice - RMB Exodus

in response to

Re: Please Take Notice - This Makes Me Sick

Fran Six

posted on May 19, 2012 08:57PM

"Why China’s RMB exodus IS the story

Posted by Izabella Kaminska on May 16 12:20.

There is a huge developing story in China’s currency, the renminbi.

After years of structural under-valuation, things are changing.

China faces what we have described before as a “dollar shortage” problem, a situation it last faced on a major level in 2008."

http://ftalphaville.ft.com/blog/2012/05/16/1002681/why-chinas-rmb-exodus-is-the-story/

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