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I side with China on this one

by Rebecca Wilder Yes, the renminbi (RMB) is closer to fair value. Chinese Foreign Ministry spokesman Ma Zhaoxu states: “Our currency, the RMB, has appreciated more than 20 percent against…

Office of the Comptroller of the Currency

The Office of the Comptroller of the Currency has a name that does not fall glibly off the tongue. Nor does the OCC figure prominently in current discussions on credit…

Developments in the Currency Markets

…of reserves held in dollar assets. Some countries, such as Russia, have already embarked on such a process, and amid concerns among currency traders that China and other Asian banks…