Sunday, August 14, 2016

Top News — China largely succeeds in RMB exchange rate reform


Longish and detailed. The short of it is that China has gotten a grip on the currency market thing and is now in a position to handle the peg professionally. The target is to maintain the RMB peg in a 2% plus and minus corridor against the USD.

Top News
China largely succeeds in RMB exchange rate reform

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