SHANGHAI (Reuters) - China will make the yuan more flexible in either direction and recent reforms to make the currency more market-oriented have begun to achieve some results, Premier Wen Jiabao said on Saturday. The comments probably do not signal an imminent widening of the yuan's daily trading ...
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Renminbi - Wikipedia, the free encyclopedia
The Renminbi (RMB, sign: ¥; code: CNY; also CN¥, 元 and CN元) is the official currency of the People's Republic of China (PRC). Renminbi is legal tender in mainland China ...
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... China is allowing its yuan to strengthen even ... China has recently moved to a more modern currency-trading system which allows for greater flexibility in its ... the yuan's trading ...
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