Global currency wars pose "a real threat" to economic recovery, the head of the International Monetary Fund, Dominique Strauss-Kahn, has warned. In an interview with the BBC, he said currency disputes showed countries were not co-operating as well as they had during the financial crisis. In recent weeks both the US and Europe have led criticism of China over its undervalued yuan. Meanwhile, Japan been forced to intervene to curb rises in the yen. Mr Strauss-Kahn said there were signs that countries were trying to use their currencies "as a weapon".
Person | About | Day |
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نسرین ستوده: زندانی روز | Dec 04 | |
Saeed Malekpour: Prisoner of the day | Lawyer says death sentence suspended | Dec 03 |
Majid Tavakoli: Prisoner of the day | Iterview with mother | Dec 02 |
احسان نراقی: جامعه شناس و نویسنده ۱۳۰۵-۱۳۹۱ | Dec 02 | |
Nasrin Sotoudeh: Prisoner of the day | 46 days on hunger strike | Dec 01 |
Nasrin Sotoudeh: Graffiti | In Barcelona | Nov 30 |
گوهر عشقی: مادر ستار بهشتی | Nov 30 | |
Abdollah Momeni: Prisoner of the day | Activist denied leave and family visits for 1.5 years | Nov 30 |
محمد کلالی: یکی از حمله کنندگان به سفارت ایران در برلین | Nov 29 | |
Habibollah Golparipour: Prisoner of the day | Kurdish Activist on Death Row | Nov 28 |
I wonder how this will affect the sanctions efficiency ?
by Darius Kadivar on Thu Oct 07, 2010 02:09 PM PDTIf China's currency goes to "war" against that of the dollar, Euro and Yen will it in any way benefit or not the IRI ? ...
I'm No expert in economy but if anyone has a clue please share ...