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Posted on 03.17.10 by R. Lee Wrights
“Nations risk losing a window of opportunity to fix the global financial system in the wake of the credit crisis if they do not push reforms through soon, the head of the International Monetary Fund warned Wednesday. Stressing the need for cooperation, Dominique Strauss-Kahn also noted China’s currency, the renminbi, was undervalued but said he expected it would appreciate as China starts to rely more on domestic demand, helping to rebalance global surpluses and deficits.” (03/17/10) Link: http://tinyurl.com/yf4nkhr Filed under: RRND News | Report Bad Link Bookmark this post in Furl or Del.icio.us | |






