Submitted by Charles Hugh-Smith of OfTwoMinds blog,
I suspect China’s leadership is wary of unpegging the RMB for one reason: the FX market is too large to manipulate for long.
Submitted by Charles Hugh-Smith of OfTwoMinds blog,
I suspect China’s leadership is wary of unpegging the RMB for one reason: the FX market is too large to manipulate for long.