China Repegs Yuan, Allows "Token" Currency Float

August 2005
Metal Center News;Aug2005, Vol. 45 Issue 9, p4
Trade Publication
Reports on the repegging of the Yuan based from the announcement of the Central Bank in China. Impact of the move on allowing the currency to float freely in global currency market; Trade advantages occurring prior to Yuan pegging; Significance of the Yuan stability to aid the country's aim of acquiring a flexible market-based exchange rate system.


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