Predicted rate hikes could drive up RMB

Banking, Finance and Insurance

Thursday, September 04, 2008 21:16:17

	Predicted rate hikes could drive up RMB By STAFF EDITOR Published: June 19, 2007 04:43 PM The RMB is likely to appreciation faster against major currencies this week due to market speculation of another interest rate rise, the Shanghai Financial News reported. Economists said strong economic indicators in May were likely to ... You are currently reading 37 words of 113 total words in this article. To continue reading this article, you must be a subscriber. Log in now. Buy this article now for $10 USD. Not a subscriber? Start your 7-day free trial now. bookmark \| digg \| Permalink \| Tell a Friend Tags for this article: Central Bank , currency , interest rate , EA	More Articles in Banking, Finance and Insurance > Today’s Daily Briefs E-Mail Sign up for a roundup of the day’s top stories, sent every day. RELATED ARTICLES > Banking sector steady despite mortgage risks Financial innovation urged for China’s shipbuilding industry New loans down in Shanghai last month Barclays Capital predicts slowing China growth ICBC ramps up SME loans Shanghai banks receive February deposit windfall MoneyGram in negotiations to expand bank network

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