It makes a lot of sense for the authorities to allow for more volatility and faster appreciation. This is consistent with what the authorities have been saying, that they will allow more flexibility in the currency, especially in light of economic and political pressure from the U.S. and European Union.
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This quote is just one of 6 total Qing Wang quotes in our collection. Qing Wang is known for saying 'It makes a lot of sense for the authorities to allow for more volatility and faster appreciation. This is consistent with what the authorities have been saying, that they will allow more flexibility in the currency, especially in light of economic and political pressure from the U.S. and European Union.' as well as some of the following quotes.
The yuan has moved more closely in sync with the overall performance of the region's currencies against the US dollar.
It makes a lot of sense for the authorities to allow for more volatility and faster appreciation. This is consistent with what the authorities have been saying, that they will allow more flexibility in the currency, especially in light of economic and political pressure from the U.S. and European Union.
Authorities are opting for direct monetary policy instruments instead of allowing faster appreciation of the yuan to achieve the tightening effect. The pace of yuan appreciation will likely be rather moderate in the coming weeks.
This quote is just one of 6 total Qing Wang quotes in our collection. Qing Wang is known for saying 'It makes a lot of sense for the authorities to allow for more volatility and faster appreciation. This is consistent with what the authorities have been saying, that they will allow more flexibility in the currency, especially in light of economic and political pressure from the U.S. and European Union.' as well as some of the following quotes.