WSJ latest news-Yuan Would Remain in Chains Even With Wider Trading Band


Yuan Would Remain in Chains Even With Wider Trading Band
— Tom Orlik
The Wall Street Journal Europe
27 May 2013

Like a caged panda, China’s currency ambles back and forth in its narrow trading band, free to move only a percentage point above or below the daily reference rate set by the People’s Bank of China. A commitment by central bank deputy governor Yi Gang…read more…

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s