Expect Acceleration in the Appreciation of the Yuan
Abstract:
Rapid price inflation in China – over 7% in January 2008 − will likely lead to a greater appreciation in the value of the Yuan this year, versus the U.S. dollar, than at any time since a partial float was first permitted in July 2005. The logic for this flows from the close economic ties between the two countries.
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Rapid price inflation in China – over 7% in January 2008 − will likely lead to a greater appreciation in the value of the Yuan this year, versus the U.S. dollar, than at any time since a partial float was first permitted in July 2005. The logic for this flows from the close economic ties between the two countries.