PBOC says no longer in China’s interest to increase reserves
Posted by seumasach on November 24, 2013
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Posted by seumasach on November 24, 2013
21st November, 2013
The People’s Bank of China said the country does not benefit any more from increases in its foreign-currency holdings, adding to signs policy makers will rein in dollar purchases that limit the yuan’s appreciation.
This entry was posted on November 24, 2013 at 7:06 pm and is filed under Financial crisis. Tagged: Chinese soft power, dollar collapse. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
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