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View Full Version : China Central Bank Says Yuan Managed Float Is `Fundamental' for Economy - Bloomberg



NewsWhore
07-15-2010, 08:20 AM
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China Central Bank Says Yuan Managed Float Is `Fundamental&#39; for Economy (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHsGmnkiQaj-yuKaOawA9_sdnBLjw&url=http://www.bloomberg.com/news/2010-07-15/china-central-bank-says-yuan-managed-float-is-fundamental-for-economy.html)
Bloomberg
Medium-sized and large economies will find it difficult to sustain a currency peg over the long term and it can cause trade friction and protectionism, ...

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