Published On: Tue, Oct 27th, 2015

Dollar Jumps Against Emerging Currencies On China Jitters

722 views

TOKYO: The dollar picked up against some emerging currencies Monday, as China’s interest rate cut at the end of last week fed fears about the state of the world’s number two economy.

A Chinese bank worker counts a stack of US dollars together with stacks of 100 Chinese yuan notes at a bank in Hefei, east China's Anhui province on March 9, 2010.  All signs are pointing to an appreciation of China's currency, perhaps even by mid-year, analysts say, after a cryptic hint from the nation's central bank governor and a limited jump in the yuan's value.      CHINA OUT         AFP PHOTO

A Chinese bank worker counts a stack of US dollars together with stacks of 100 Chinese yuan notes at a bank in Hefei, east China’s Anhui province on March 9, 2010. All signs are pointing to an appreciation of China’s currency, perhaps even by mid-year, analysts say, after a cryptic hint from the nation’s central bank governor and a limited jump in the yuan’s value. CHINA OUT AFP PHOTO

- Dollar jumps against emerging currencie_

About the Author

Syed Ammar Alavi

- is Lahore (Pakistan) based journalist & writer with 25-year experience in print, wire and broadcast forms of journalism. His major fields of interest are politics, film,tv,sports, climate change and technology

Pin It