Exporters are struggling and some are moving production offshore because of the currency issue.
And foreign investors in financial services, say, are likely to be less concerned by the currency issue.
The IMF at its annual meeting this weekend took up the currency issue but failed to take action.
The problem is that a lot of people go back to the war - they can't separate the currency issue from this.
In fact, the Group of Seven finance ministers wrapped up their latest meeting yesterday, and the Japanese walked away Scot-free on the currency issue.
So far, the dialogue is "not productive or helpful, " says a Congressional staffer, noting that no progress has been made on the currency issue.
For all intents and purposes, the currency issue is now off the table as far as a serious discussion point between the United States and China.
Backing out of the reserve currency issue and up to the arguably more profound level of culture and belief, China is not interested in a unipolar world.
But one problem for critics of U.S. policies and protectionists is that the current approach to the currency issue doesn't seem to have had much of an effect on jobs in the economy at large here.
He also noted a potential currency issue.
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Building on the decisions and commitments made at the G20 last weekend, where China agreed that it was determined to have greater flexibility in exchange rates and agreed to stimulate more domestic demand, the President raised those issues as critical to dealing with the current economic issues, pressed on both the currency issue and on rebalancing and domestic demand.
Is it its capacity to tax people, or is it its capacity to issue currency?
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Since they will be in a foreign currency, the issue will not be affected by Malaysia's capital controls.
Now its policy on the single currency is one issue on which the party seems more in tune than Labour with public opinion.
The independent operator can issue local currency cards and serves as the merchant acquirer.
In Caterpillar, we've been encouraging and participating in what we would say are diplomatic discussions on the issue of currency and other trade issues.
If it meant that countries were restricted in their ability to issue more currency without having a specific level of gold reserves, then the answer was no.
The exchange of currency just clouds the issue.
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Along those lines, we note that senior US officials have been quiet on the issue of currency appreciation, with the US Treasury Department delaying the publication of its semiannual report on exchange rate policies, which was due on April 15.
On the wider issue of the currency, anent which more on Tuesday, there is similarly a dual position.
This global bank would issue its own currency, called the bancor, in which all trade accounts would be settled.
Investors were awaiting a meeting of Group-of-20 finance ministers in Moscow later in the week, which is expected to confront the issue of deliberate currency depreciation.
"We need to push, but in the end it is their currency, it is their issue - they have to take the decisive steps, " he told the FT.
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Yuan-denominated debt would be attractive for African institutions to issue as their local currency-denominated debt markets are nascent.
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What is certain is that the whole issue of the single currency is now going to move back to the centre of the political stage.
In the short run a diminished dollar will seem to bolster the fortunes of those, like the Indians in this issue, whose comparative currency strength gives them an edge.
Second, as President Obama (once a Chinese currency antagonist himself) learned quickly, currency policy is a very complicated issue with implications and consequences bleeding into all realms of economic policy.
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When the world relies on a single reserve currency, Triffin argued, that currency's home country must issue lots of assets (usually government bonds) to lubricate global commerce and meet the demand for reserves.
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