China’s central bank has its eye on the bigger picture as it allows market forces to dictate speed of yuan declines

, , Comments Off on China’s central bank has its eye on the bigger picture as it allows market forces to dictate speed of yuan declines

There are signs China’s central bank is letting market forces dictate the speed of recent declines in the yuan amid the ongoing US-Sino trade tensions, indicating that the exchange rate policy may be gradually shifting towards a “cleaner” style …
( read original story …)