Differences Between Two Foreign Exchange Reforms
2010-12-31 00:00:00ByHaoYing
China’s foreign Trade 2010年14期
D ifferent from that in July 2005， this reform in foreign exchange system happens with different economic environment， historical background and expected appreciation. Participants in the industry said frankly that China central bank started the reform again due to pressure from international mar- kets， but it is not possible for RMB to appreciate greatly in a short term.
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