Britain Financial Times carries the article to believe that the other day convened global Treasury Secretary and Central Bank president the conference has not been able to achieve any resolution, the global cooperation falls into the torn to pieces region to be able to erupt into “the exchange rate war” newly. Global each big economy unprecedented huge accuses the US in the exchange rate question difference to carry out the ultra loose monetary policy, this lets massive floating capital like Hong flow to the emerging body, thus destroyed the new economy stability. The US insisted that requests the International currency Organization to strengthen the attention exchange rate and the foreign exchange reserve accumulates, this will intensify the global exchange rate shake.
during 4 months, US dollar from 88.7 point top digits to 76.92, US dollar index accumulation falls 13%. Was the other state money passive revaluation which corresponds with this, the euro once created 8 month new high to US dollar exchange rate, the Australian Dollar rushes to for 27 years to US dollar to be highest. The Japanese Yen was once highest to the US dollar exchange rate refurbishing for 15 years. in this does not have the gunsmoke exchange rate to fight, various countries are not willing US dollar to compel, initiates “the currency security war” in abundance.
Japan intervenes the standard currency for the first time as the cutting edge for 6 years, hereafter Brazil, South Korea also follow intervene our country foreign exchange market. Thailand is “the potent drug” suppresses the Thai bhat for our country foreign exchange market under by the chart to revalue excessively, requests to attain the capital principal and interest to the foreign capital investment bond to levy 15% deducting tax in advance with the interest income. the condition which operates independently in view of various countries, International Monetary Fund President Strouse - Kann appealed that takes the definite move respectively not only, but the copy pleasantries, he expressed that some countries thought their currency is one kind “the weapon”, “the currency war” obviously to global economic not any advantage.
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