China is reducing the share of US dollars in its currency basket for measuring the yuan value, a technical adjustment to redirect market attention from the yuan-dollar parity.
Although other central banks, including the US Federal Reserve and European Central Bank, also release similar nominal...
Read More...........
Saturday, 31 December 2016
China tweaks yuan basket to play down US dollar
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment