China’s Central Bank Allows Its Currency More Volatility – New York Times
Economic Times |
China's Central Bank Allows Its Currency More Volatility
New York Times SHANGHAI — In the latest sign that China is loosening its tight grip over the economy, the government said on Saturday that the value of its currency would now be allowed to fluctuate more widely against the United States dollar. China's Central Bank said in … China loosens grip on its currency China doubles size of yuan trading band in effort to kill one-way bets China widens currency's fluctuation against dollar |
