S&P move raises costs of China's fixed currency

Aug 7, 2011

Standard & Poor’s downgrading of America’s credit rating to AA+ will force Asian investors not only to rethink portfolios, but the entire logic underpinning their demand for US dollar assets.

S&P move raises costs of China's fixed currency

The short-term impact of Standard & Poor’s downgrade of the United States to AA+ from AAA is likely to be minimal, but the long-term implications are huge.

Sign in to read on!

Registered users get 2 free articles in 30 days.

Subscribers have full unlimited access to AsianInvestor

Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.

If you are a senior professional at a large institutional asset owner, such as a sovereign wealth fund or pension fund, please contact [email protected] for further assistance.

Questions?

See here for more information on licences and prices, or contact [email protected]