Latest Treasury Department Statement Regarding China's Currency

Posted by scapozzola on 06/19/2010

U.S. TREASURY DEPARTMENT OFFICE OF PUBLIC AFFAIRS FOR IMMEDIATE RELEASE:  June 19, 2010 CONTACT:  Treasury Public Affairs (202) 622-2960    STATEMENT FROM SECRETARY GEITHNER   WASHINGTON - The U.S. Department of the Treasury today released the following statement from Secretary Tim Geithner: "We welcome China's decision to increase the flexibility of its exchange rate. Vigorous implementation would make a positive contribution to strong and balanced global growth. We look forward to continuing our work with China in the G20 and bilaterally to strengthen the recovery." #

4 comments

[...] now that China’s

[...] now that China’s Central Bank has said that it will begin to allow its currency, the yuan, to follow a more flexible exchange rate. So, can we all celebrate now? After all, many economists, American businesses, unions, lawmakers, [...]

[...] now that China’s

[...] now that China’s Central Bank has said that it will begin to allow its currency, the yuan, to follow a more flexible exchange rate. So, can we all celebrate now? After all, many economists, American businesses, unions, lawmakers, [...]

Scott Paul: China’s Currency Charade wrote 2 years 47 weeks ago

[...] now that China’s

[...] now that China’s Central Bank has said that it will begin to allow its currency, the yuan, to follow a more flexible exchange rate. So, can we all celebrate now? After all, many economists, American businesses, unions, lawmakers, [...]

China’s Currency Charade | The Web Wealth wrote 2 years 47 weeks ago

[...] now that China’s

[...] now that China’s Central Bank has said that it will begin to allow its currency, the yuan, to follow a more flexible exchange rate. So, can we all celebrate now? After all, many economists, American businesses, unions, lawmakers, [...]

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