You are here

China moves to stabilise currency, retreating from effort to ease control

Wall Street analysts say the renminbi should be a bit weaker, though they disagree on the degree
Monday, May 29, 2017 - 05:50

Hong Kong

CHINA has made a big show of gradually loosening its grip on the value of its currency, an effort meant to mollify critics such as President Donald Trump and specialists who have long urged Beijing to let markets fix financial problems in the world's second-largest economy.

sentifi.com

Market voices on:

Nespresso
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at btsub.sg/btdeal

Powered by GET.comGetCom