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View Full Version : China Considers Expanding Yuan Trading Band to Reflect Demand, Xinhua Says - Bloomber



NewsWhore
03-05-2012, 02:50 PM
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Bloomberg (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHkV9HLhfi9Hqp99aLI1AJILbnzPQ&url=http://www.bloomberg.com/news/2012-03-05/china-considers-expanding-yuan-s-trading-band-xinhua-reports.html)


China Considers Expanding Yuan Trading Band to Reflect Demand, Xinhua Says (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHkV9HLhfi9Hqp99aLI1AJILbnzPQ&url=http://www.bloomberg.com/news/2012-03-05/china-considers-expanding-yuan-s-trading-band-xinhua-reports.html)
Bloomberg
Zhou said the yuan has gradually met the requirements to become more of a free-floating currency, Xinhua reported. As China improves its industrial structure and gradually reduces its trade surplus, the yuan is now moving “very close” to a “balanced ...

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