China's currency..

Heather said: "is changing. They are no longer going to be tying their currnecy to the dollar. If you would like to read more, here is an [URL=http://news.yahoo.com/s/ap/20050721/ap_on_bi_ge/china_currency_impact]article[/URL] with more information on this move.."

AlfredSokol said: "That's probably very good news for the dollar."

HappyHarry said: "So far, China's currency is [url=http://news.yahoo.com/s/ap/20050722/ap_on_bi_ge/china_currency]rising against the dollar[/url]"

travllr said: "Jul 22, 2005, 11:02 (Memorable Market News) The dollar dropped sharply yesterday against the Japanese yen and other Asian currencies and Treasury yields shot higher after China announced that it was revaluing its currency and ending its direct tie to the dollar. [url]http://www.investing-news.com/artman/publish/article_1088.shtml[/url] trav"

Heather said: "They valued the Yuan at 2% higher than the dollar and said that they are going to switch from a fixed dollar PEG to a managed float compared to a basket of currencies."

AlfredSokol said: "Let's face it: China is certainly emerging as an economic superpower."