china central bank to allow the yuan more flexibility
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
Arab Today, arab today

China central bank to allow the yuan more flexibility

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Arab Today, arab today China central bank to allow the yuan more flexibility

Beijing - SPA

The Chinese government is set to allow its currency, the renminbi or yuan, to fluctate more widely against the dollar in the latest sign that the country is loosening its grip on the economy, dpa reported. China's Central Bank said that beginning on Monday, the daily trading band would double to 2 per cent on either side of a government-regulated parity rate, which could result in wider price fluctuations.

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china central bank to allow the yuan more flexibility china central bank to allow the yuan more flexibility

 



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china central bank to allow the yuan more flexibility china central bank to allow the yuan more flexibility

 



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