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China’s top leaders have lost interest in a freer floating yuan

Discussion in 'Fundamental Analysis' started by ForexLive, May 24, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
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    The Wall Street Journal reports on a loss of interest in allowing the RMB to floar more freely - In August 2015, the PBOC said it would make the yuan's value more market-based The Journal says the change is another sign of the weakeneing resolve for reform, and a refocus on giving the economy a boost.

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