China offloading Dollars …

China agrees to buy 50-billion-dollar IMF bonds.

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China would purchase up to 32 billion (around 50 billion dollars) SDR, or Special Drawing Rights, in IMF notes. ,,,,

 

 

 

 

http://english.people.com.cn/90001/90776/90883/6746736.html>>>>

 

 

Looks as though China is walking away from the US dollar just as fast as it thinks it can. 

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China offloads 4.4 billion USD of US T-bonds.

China’s holdings of US Treasury Bonds (T-bonds) totaled 763.5 billion USD.

 

 

 

 

 

 

 

 

http://english.people.com.cn/90001/90778/90857/90859/6679313.html

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One Response to “China offloading Dollars …”

  1. worzzz Says:

    IMF – Special Drawing Rights:
    http://www.imf.org/external/np/fin/data/rms_mth.aspx?SelectDate=2009-08-30&reportType=SDRCV

    Currency watch:
    http://www.worldcurrencywatch.com/

    FOREX:
    http://www.forex.com/

    US Indicators:
    http://www.ny.frb.org/research/directors_charts/uscharts.pdf

    Federal Reserve Info:
    http://www.ny.frb.org/research/global_economy/usecon_charts.html

    Federal Reserve – Education:
    http://www.ny.frb.org/education/econ_eduforall.html

    http://www.imf.org/external/pubs/ft/weo/2009/01/index.htm

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