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View Full Version : China to Keep Yuan Stable, Policy ‘Moderately Loose’ - Bloomberg



NewsWhore
03-05-2009, 11:20 PM
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China to Keep Yuan Stable, Policy ‘Moderately Loose’ (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601087%26sid%3DatTfiiDoviXo%26refer%3Dhome&cid=1311615103&ei=MKWwSf7hMKSQwAGQ3aD1BQ&usg=AFQjCNGRt6-LrrCwc0LWwnqBeZiSawV20g)
Bloomberg
A weaker currency could help exporters by making their goods cheaper in overseas markets. China will “closely monitor” movements in major currencies and increase the market’s role in the exchange-rate mechanism, the central bank said. ...


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