Latest update: 29/10/2010 

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Currencies at war (Part 2)

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In Brussels, EU leaders are piling on the pressure after Washington urges China's Premier to increase the value of the yuan, as the chair of the Eurozone labels Beijing's currency as "broadly undervalued." At the same time, the US dollar hits an 8 year low against a basket of currencies. So is it a currency war?

DEBATE

Berry VAN GESTEL, Director, FIRM France, Former chairman of Cadillac and Corvette in France
Alessandro GIRAUDO, Chief Economist, Viel-Tradition
Vanessa ROSSI, Senior Research Fellow, International Economics, Chatham House

Program prepared by Perrine Desplats and Yi Song.

Click here to watch the 1st part.

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