The Traderszone Network

Published in TZ Latest News 17 August, 2015 by The TZ Newswire Staff

Marsh on Monday: China’s switch on yuan reinforces bid to join elite currency club

China loosened the yuan’s peg with the dollar not to start a currency war, but in order to become more of a global ‘good citizen’ as it attempts to join the elite of reserve currencies, writes David Marsh.
read more