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View Full Version : PBOC's Yi Says Market Should Help Decide Yuan's Value - Bloomberg



NewsWhore
04-21-2012, 07:30 PM
PBOC's Yi Says Market Should Help Decide Yuan's Value (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFMSlr_l-DoczF582PieOXOl4EfFA&url=http://www.bloomberg.com/news/2012-04-21/pboc-s-yi-says-market-should-help-decide-yuan-s-value.html)
Bloomberg
He said market forces have already played an “important role” in determining the currency's value, which has been to a “persistent two-way bet” for some time. China this month doubled the yuan's trading band to 1 percent from 0.5 percent, ...

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