Sabtu, 12 Maret 2011

Chinese Yuan: Further Appreciation is Inevitable

Relatively speaking, the Chinese Yuan has been on a tear, appreciating ~1% in a little more than a month. One has to wonder whether this is a concession by the People’s Bank of China (PBOC) that its exchange rate regime is not viable or whether its instead a political sop. The question on everyone’s minds, [...]

Source: http://www.forexblog.org/2011/02/chinese-yuan-further-appreciation-is-inevitable.html

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