China favours euros over greenback as Bernanke shifts course
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China favours euros over greenback as Bernanke shifts course

Beijing : China | Aug 15, 2010 at 2:41 PM PDT
Source: The Age
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The nation has been buying "quite a lot" of Europe's bonds, said Yu Yongding, a former adviser to the People's Bank of China who was part of a foreign-policy advisory committee that visited France, Spain and Germany from June 20 to July 2. Japan's Ministry of Finance said Aug. 9 that China bought 1.73 trillion... FULL ARTICLE AT The Age
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The euro sank as low as 1.4022 dollars, a level last seen at the end of July
The euro sank as low as 1.4022 dollars, a level last seen at the end of July
 
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