Saturday, October 24, 2009

Asian Central Banks Intervene as USD Slumps

Asian central banks bought U.S. dollars to weaken their currencies as the weaker dollar threatened smaller-export driven economies. Rob Rennie, currency strategist at Westpac Bank assesses this news, with Kirby Daley from Newedge Group, CNBC\'s Amanda Drury & Sri Jegarajah.












Tags: USD Asian Central Banks Currencies Argentina Bank Banks Collapse Corporations Corruption Economic Government IMF Neo-liberal Policies Swindle Theft World

1 comment:

  1. Asian Central Bankers pumping good money to prop up USD paper mountain?

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