PBOC says no longer in China’s interest to increase reserves
Posted by seumasach on November 24, 2013
-
Follow
Following
Already have a WordPress.com account? Log in now.
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.
In These New Times
Leave a Reply