Showing posts with label emerging economy currencies. Show all posts
Showing posts with label emerging economy currencies. Show all posts

Tuesday, March 18, 2014

In doubling yuan trading band, China aggravates foreign investor concerns

(Reuters) - The Chinese central bank's decision to relax its grip on the yuan has been welcomed as a sign of financial liberalization, but it is aggravating concerns among foreign executives and investors about their exposure to China in the near term.