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The article reports that the U.S. will continue to urge China to let its currency appreciate. Several nations are concerned that China seeks to gain an advantage in exports by keeping its yuan artificially low relative to other currencies. The Chinese defended their yuan policy at a meeting of the International Monetary Fund, which failed to reach an accord on global currencies.

The article discusses competition among nations to promote their exports by lowering the value of their currencies relative to those of other countries. Japan is among at least six nations to have intervened in currency markets. The U.S. has accused China of boosting exports by keeping its yuan at unjustifiably low levels.

The article discusses a potential short-term affect on U.S. Treasury notes of China's decision to allow the yuan to appreciate gradually against the U.S. dollar. China buys large quantities of Treasury securities, but a stronger yuan means it might need to buy fewer for the purpose of managing the yuan's value against the dollar. Consequently, interest rates on U.S. Treasury securities could rise.

The article discusses the impact of China's efforts to keep the yuan's value stable against the U.S. dollar. As the dollar has fallen so has the yuan, and as a result the currencies of several Asian countries including South Korea and Malaysia have correspondingly strengthened, making exports from those nations less competitive.

Offers a look at the focus of the United States foreign-exchange market on the prospect that China may revalue the yuan. Report that a revaluation of the yuan would impact the way the euro, the yen and other currencies trade against the dollar; Statement that the People's Bank of China Governor Zhou Xiaochuan made the comment that foreign pressure could hasten the process of revaluing the currency.

The article focuses on the Chinese yuan. It notes that China has wielded every economic tool to combat an economic slowdown except for its currency. Investors expect the country to allow its currency to depreciate 5% against the U.S. dollar come 2009 should China intend to support its exporters. It adds that such strategy goes in contrast with the realities of geopolitics and the notion that the country is strengthening domestic consumption. The U.S. has also been encouraging China to allow the yuan to appreciate against the dollar.

The article reports on the decision of the U.S. Department of Treasury not to designate China as a currency manipulator, despite the insistence of Congress to be more strict. On the contrary, the Treasury is said to have praised China for allowing its currency to appreciate faster against the dollar during the month of May 2008 and earlier. China is also advised to continue the trend. Wang Baodong, Chinese Embassy spokesman in Washington, D.C. said the government of China does not manipulate its currency and that currency reform is on-going.

The article presents an update on currency trading as of March 28, 2008. It reports that days before U.S. Department of Treasury Secretary Henry Paulson is set to visit China, the dollar is expected to fall through the key level of seven yuan. It adds that a breach below that level, following the fall of the dollar against the yuan for the last two weeks, will help China resist suggestions that they are not allowing the yuan to rise fast enough, a claim frequently laid by the U.S. The U.S. believes the yuan is creating large economic imbalances.

Assesses the activity in the stock market and the news impacting investor behavior on May 17, 2005. Impact on stock prices of a U.S. Treasury Department report released during the trading day that it would not apply pressure on China for manipulating its currency, but threatened to do so later; Performance of the Dow Jones Industrial Average and the Nasdaq Composite Index; Comments from Tim Heekin, director of trading at Thomas Weisel Partners, regarding the weakened American dollar and economic growth; Performance of the Standard & Poor's 500-stock index.