China Warns on US Dollar Holdings (CNBC News)

Dollar Index at 1-Month Low as China Warns on US Assets (CBS News, June 7, 2011):

The dollar fell to a one-month low against a basket of currencies on Tuesday and a record low against the Swiss franc after a Chinese official said the greenback would continue to weaken versus other major currencies.

The head of the international payment department at the Chinese forex regulator also warned about the risks of excessive holdings of U.S. dollars.


China Dumps 97% Of Its Holdings In US Treasury Bills

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