China Sells U.S. Treasuries to Support Yuan - GoFuckYourself.com

wehateporn · 08-27-2015, 08:58 PM

China has cut its holdings of U.S. Treasuries this month to raise dollars needed to support the yuan in the wake of a shock devaluation two weeks ago, according to people familiar with the matter.

Channels for such transactions include China selling directly, as well as through agents in Belgium and Switzerland, said one of the people, who declined to be identified as the information isn?t public. China has communicated with U.S. authorities about the sales, said another person. They didn?t reveal the size of the disposals.

The People?s Bank of China has been offloading dollars and buying yuan to support the exchange rate, a policy that?s contributed to a $315 billion drop in its foreign-exchange reserves over the last 12 months. The $3.65 trillion stockpile will fall by some $40 billion a month in the remainder of 2015 because of the intervention, according to the median estimate in a Bloomberg survey.

Continued China Sells U.S. Treasuries to SupportÂhaYuan - Bloomberg Business

RummyBoy · 08-28-2015, 06:31 AM

China partly blames the US for what is going on over there, so they're now saying if you cause volatility in our markets, we're selling some of our treasuries.... better read on zerohedge:

http://www.zerohedge.com/news/2015-0...rns-washington

j3rkules · 08-28-2015, 06:57 AM

The annual deficits are 1 trillion now. That is money that no one has, and never will, being spent. We do this every year now and no hyperinflation. They can buy all of China's treasuries and it won't cause hyperinflation. Hyperinflation is going to come but not just yet.

Barry-xlovecam · 08-28-2015, 07:05 AM

China dumping Treasurys? Here's what you must know

And nothing happened because any mass selling by China would destroy the Yuan's valuation and the Chinese economy.

Hey look at the monkey!

08-27-2015, 08:58 PM	#1
wehateporn Promoting Debate on GFY Industry Role: Join Date: Apr 2007 Posts: 27,172	China Sells U.S. Treasuries to Support Yuan China has cut its holdings of U.S. Treasuries this month to raise dollars needed to support the yuan in the wake of a shock devaluation two weeks ago, according to people familiar with the matter. Channels for such transactions include China selling directly, as well as through agents in Belgium and Switzerland, said one of the people, who declined to be identified as the information isn?t public. China has communicated with U.S. authorities about the sales, said another person. They didn?t reveal the size of the disposals. The People?s Bank of China has been offloading dollars and buying yuan to support the exchange rate, a policy that?s contributed to a $315 billion drop in its foreign-exchange reserves over the last 12 months. The $3.65 trillion stockpile will fall by some $40 billion a month in the remainder of 2015 because of the intervention, according to the median estimate in a Bloomberg survey. Continued China Sells U.S. Treasuries to SupportÂhaYuan - Bloomberg Business __________________ Sexy Girls Teasing

08-28-2015, 06:57 AM	#3
j3rkules VIP Industry Role: Join Date: Jul 2013 Posts: 22,105	The annual deficits are 1 trillion now. That is money that no one has, and never will, being spent. We do this every year now and no hyperinflation. They can buy all of China's treasuries and it won't cause hyperinflation. Hyperinflation is going to come but not just yet. __________________ How To Build A Porn Site And Make Money \| My Best $$$ Cam Sponsor 3 Top Adult Hosting Providers

08-28-2015, 06:31 AM	#2
RummyBoy Confirmed User Join Date: Dec 2009 Posts: 2,157	China partly blames the US for what is going on over there, so they're now saying if you cause volatility in our markets, we're selling some of our treasuries.... better read on zerohedge: http://www.zerohedge.com/news/2015-0...rns-washington

08-28-2015, 07:05 AM	#4
Barry-xlovecam It's 42 Industry Role: Join Date: Jun 2010 Location: Global Posts: 18,083	China dumping Treasurys? Here's what you must know And nothing happened because any mass selling by China would destroy the Yuan's valuation and the Chinese economy. Hey look at the monkey!