currency peg
The recent decision by China to let the renminbi fall below CN¥7 per US dollar has little to do with trade or currency wars. Rather, it represents an important step toward reforming China’s inflexible exchange-rate regime says Yu Yongding
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The recent decision by China to let the renminbi fall below CN¥7 per US dollar has little to do with trade or currency wars. Rather, it represents an important step toward reforming China’s inflexible exchange-rate regime says Yu Yongding