14.06.2016 - China Sows Confusion Over Currency Policy
China's conflicts with foreign news reporting have added to doubts about its currency policies as it tries to maintain confidence in the economy and control over capital flows. Last month, The Wall Street Journal reported that the People's Bank of China (PBOC) had effectively abandoned a reform of exchange rate policy announced last August to make the value of the yuan more market oriented, putting daily rate setting decisions "back under tight government control."..............................................Full Article: Source
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