This is serious talk. Zhou is the equivalent of America's Fed chairman, Ben Bernanke.
“This is a part of our package of policies for dealing with the global financial crisis. Sooner or later, we will exit the policies, " said Zhou.
Zhou gave no hint about the possible timing of a shift in policy, said FT.
If China stops propping up the dollar, it will intensify price inflation in the United States. And
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China depegged from the dollar in 2005,and shifted to a basket currency approach. As the financial crisis heated up, it shifted back to a dollar peg.
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