Kalo beli Yuan di Jakarta dimana yah? Kalo jualnya apa nasibnya juga kayak Dollar, kalo lecek dikiiiiit aja harganya langsung jatuh?
*Screw you *pedagang valas yang nolak dollar lecek. ======= BUY, BUY, BUY! KEEP BUYING AND NEVER SELL! On Thu, Nov 12, 2009 at 8:54 AM, dunia ini indah <pusatdu...@yahoo.com>wrote: > > > China Signals That It May Allow Currency to Rise Against Dollar > > > Published: Wednesday, 12 Nov 2009 - CNBC > > > "Goodbye US dollar" > > > China sent its clearest signal yet that it was ready to allow yuan > appreciation after an 18-month hiatus, saying on Wednesday it would consider > major currencies, not just the dollar, in guiding the exchange rate > > In its third-quarter monetary policy report, the People's Bank of China > departed from well-worn language on keeping the yuan "basically stable at a > reasonable and balanced level." It hinted instead at a shift from an > effective dollar peg that has been in place since the middle of last year. > > "Following the principles of initiative, controllability and gradualism, > with reference to international capital flows and changes in major > currencies, we will improve the yuan exchange-rate formation mechanism," the > central bank said in a 46-page monetary policy report. > > The comments, published just days before a visit to Shanghai and Beijing by > U.S. President Barack Obama, set out the possibility of a return to exchange > rate appreciation that began with a landmark July 2005 revaluation. > > The yuan strengthened by nearly 20 percent against the dollar until concern > over the impact of the global financial crisis prompted Beijing to hit the > brakes in the middle of last year to protect exporters. > > The yuan has been stuck at around 6.83 per dollar ever since, drawing > increasing ire from other countries, especially as it has followed the > dollar downwards against other currencies. > > The dollar has dropped 13 percent against a basket of major currencies > including the yen and euro since mid-February. > > Back to a Basket? > > Some analysts have called for the return to a genuine basket of currencies, > which the central bank said in 2005 it would use as a reference for the yuan > > "I think the wording change ... shows that it is an irresistible trend for > China to resume yuan appreciation," said Xing Ziqiang, an economist at China > International Capital Corp (CICC) in Beijing. > > "It is not sustainable for the yuan to always be pegged to the U.S. dollar; > after all, the repegging since late 2008 was just part of China's measures > to address the global financial crisis, and now the impact of the financial > crisis is fading, so the yuan should resume appreciation sooner or later." > > The central bank's report came just hours after data that showed the > world's third-largest economy had firmly put the worst of the global > financial crisis behind it. Factory output growth surged to a 19-month high > of 16.2 percent in October. > > While exports were still down in year-on-year terms, economists pointed to > the likelihood that they would start growing again soon. > > Some analysts said the statement could have been timed to send a signal > ahead of Obama's Nov. 15-18 visit to China. > > Obama told Reuters on Monday that he planned to raise the currency issue > during his trip. > > However, Beijing is increasingly facing complaints about its currency from > other emerging economies, which see an undervalued yuan as undercutting them > in global markets. > > No Sudden Shift > > Those concerns were evident in a draft statement from APEC finance > ministers circulated on Wednesday, in which they call for flexible interest > rates and exchange rates as a way of redressing economic balances. > > "We agreed that flexible prices, including exchange rates and interest > rates, play a critical role in allocating resources efficiently, and can > facilitate the adjustments needed to support balanced and sustainable global > growth," said the latest draft statement by the finance ministers dated Nov. > 10 > > > While the statement could change in its final form, a deputy Chinese > finance minister was present at discussions on it, suggesting some level of > agreement by Beijing on the wording. > > However, analysts were quick to caution against expecting any sudden shift > in the yuan's actual value, given China's penchant for carrying out any > reforms gradually. > > "The central bank's worries about capital flows, liquidity, and inflation > signal growing pressure for yuan appreciation," said Ben Simpfendorfer, > strategist with the Royal Bank of Scotland in Hong Kong. > > "But I'm not looking for gains in the currency until the second quarter as > the export sector still faces large challenges and margin pressure." Markets > priced in a slightly greater appreciation over the coming year. > > Offshore one-year dollar/yuan non-deliverable forwards (NDFs) fell to > 6.6075 bid late on Wednesday compared with Tuesday's close of 6.6320. > > Yuan appreciation implied by NDFs, which moves inversely with the forwards, > was around 3.3 percent in a year compared with 3.06 percent before the > announcement. > > Xing with CICC said he was expecting even greater appreciation, of 3 to 5 > percent next year, in the face of growing external and internal pressure. > > "For China's own sake of balancing its economic growth and reducing its > large surplus in the trade account, it is also necessary for the government > to make the yuan more flexible." > > > > > > > > > ------------------------------------ > > + + > + + + + + > Mohon saat meREPLY posting, text dari posting lama dihapus > kecuali diperlukan agar CONTEXTnya jelas. > + + + + + > + +Yahoo! Groups Links > > > >
