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Bank Credit Analyst on Renminbi Revaluation
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Author Bank Credit Analyst on Renminbi Revaluation
HenryTo
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Joined: 06 Aug 2004
Posts: 11722
Location: Los Angeles, California
PostPosted: Tue Jul 19, 2005 7:58 am    Post subject: Bank Credit Analyst on Renminbi Revaluation Reply with quote
BCA's views on a potential Renminbi revaluation just up ahead. I agree with their views IF the authorities choose to revaluate but I think this issue is still up in the air. The Renminbi speculators should continue to be disappointed.

Is A Renminbi Revaluation Imminent?

08:56:00, July 19, 2005

We believe a more modest revaluation is likely, probably on the order of 5% at most.

http://www.bankcreditanalyst.com/public/story.asp?pre=PRE-20050719.GIF
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