Opinion: Will China be the next forex peg to break? – MarketWatch
MarketWatch |
Opinion: Will China be the next forex peg to break?
MarketWatch Fourth quarter 2014 figures showed that Chinese forex reserves declined by billion to .84 trillion. This could reflect both a forex-valuation effect and capital outflows with the euro and yen depreciating by 4.2% and 9.3%, respectively, against … |
