Calling for full yuan convertibility in the next 10 years, PBOC board member Xia Bin stops short...


Calling for full yuan convertibility in the next 10 years, PBOC board member Xia Bin stops short of advocating a sharp increase in the currency's value. "Hiking the exchange rate is definitely beneficial for curbing inflation ... but we can adopt many other ways to achieve that goal."
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  • yoho
    , contributor
    Comments (8) | Send Message
     
    It sounds that the central bankers treat currency appreciation as a dilemma that it may curb inflation while hurt export the same time.
    10 Mar 2011, 11:09 AM Reply Like
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