Chinese central bank researcher calls for relaxed currency controls

07/22/2010 | Reuters

China should allow the yuan to float across a wider range of value and scale back its intervention in the foreign exchange market, a researcher affiliated the central bank said. Wang Yong wrote in Shanghai Securities News that the yuan's daily range should be widened to 1% in 2011 and 2% in 2015.

View Full Article in:


Published in Brief: