By Judy Chen
March 10 (Bloomberg) — China should let the yuan rise 3 percent against the dollar in 2009 to deter capital outflows and help the country make overseas acquisitions, saidWang Jian, a researcher affiliated with the nation’s top planning agency.

By Alison Vekshin and Rebecca Christie
Feb. 2 (Bloomberg) — President Barack Obama will require banks to boost lending to consumers and companies in return for taxpayer aid from the $700 billion bailout fund, in a departure from Bush administration policy, a key lawmaker said.

By Candice Zachariahs
Jan. 19 (Bloomberg) — The Australian and New Zealand dollars advanced to the highest in a week against the yen as equities gained on speculation that the U.S. will expand plans to aid the financial system.

Written by John Kicklighter, Currency Strategist
Interest rates have changed dramatically over the past year to eighteen months with the upheaval in credit markets and the onset of a global recession. And, while the resulting plunge in investor sentiment has claimed many casualties along the way, the carry strategy seems to be one of the hardest [...]