The central bank and commercial banks sold a net 17.4 billion yuan (HK$21.3 billion) in foreign exchange last month, compared with net sales of 3.82 billion yuan in July.That is the $64 trillion question.
However, economists say the trend may reverse after the Federal Reserve launched the third round of quantitative easing to stimulate the US economy, which may weaken the US dollar and prompt funds to flow into emerging markets such as China.
How To Keep The Big 3 And Win Another Ring
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It’s all part of the puzzle – Warriors General Manager Mike Dunleavy After
the Warriors unceremonious loss to the Sacramento Kings last Tuesday in the
West...
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