China Yuan Pledge Suggests Peg to Dollar May Go
June 20, 2010 at 17:12 PM EDT
Reads to me like they don’t like the yuan strength vs the euro which means it could weaken vs the dollar if they buy euro instead of dollars as suggested below: China Yuan Pledge Suggests Peg to Dollar May Go June 19 (Bloomberg) — China’s central bank said it will allow a more flexible yuan after [...]
