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Policy

China mulls adding "counter-cyclical factor" to yuan-dollar pricing

May 27, 2017


Abstract : Chinese authorities are considering introducing a "counter-cyclical factor" to the pricing mechanism of yuan's central parity rate against the U.S. dollar, according to the China Foreign Exchange Trade System on Friday.

人民币

 

BEIJING, May 26 (Xinhua) -- Chinese authorities are considering introducing a "counter-cyclical factor" to the pricing mechanism of yuan's central parity rate against the U.S. dollar, according to the China Foreign Exchange Trade System on Friday.

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Keyword: China-PBOC RMB-USD

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