1. Making the Yuan More Flexible.
- Subjects
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RENMINBI , *FOREIGN exchange rates , *ECONOMIC reform ,ECONOMIC conditions in China - Abstract
The article offers information related to exchange rate of the Chinese yuan against the U.S. dollar, which reached new height by being 41 times higher throughout 2013. Topics discussed include performance of currencies of all other BRICS economies against the dollar in 2013, impact of the appreciation of yuan on economy of China and economic reforms likely to occur in China in 2014 to enhance national interests and protect people's interests during the exchange rate reform.
- Published
- 2014