You are here
IMF backs Beijing's yuan move, eyes floating forex rate in 2-3 years
THE International Monetary Fund has welcomed the change in the way China sets the yuan, saying that it should allow market forces to have a greater role in determining the exchange rate.
This appeared to be borne out on Wednesday, as other currencies declined against the US
- CALL +65 6388 3838
- EMAIL firstname.lastname@example.org