Wednesday, August 12, 2015
IMF: China's currency reforms are a good thing - Aug. 12, 2015
China's unexpected move to allow the yuan to trade more freely is a step the right direction, but additional measures need to be taken, according to the International Monetary Fund.
The policy change is "a welcome step" that should allow market forces to play a greater role in the yuan's development, the IMF said in a statement.
IMF: China's currency reforms are a good thing - Aug. 12, 2015
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.