Middle East Economic Survey


No 15


Yuan Revaluation Would Raise Oil Prices to New Records

By A F Alhajji

The following article was written by Dr Alhajji for Gulf in the Media, an affiliate of the Gulf Research Center in Dubai. It is republished in MEES with permission. (a@aalhajji.com)

As pressures from the US, Japan, and some European countries mount on China to revalue its currency, currency traders and speculators moved substantial funds to China to generate quick profits...