This note explains how the People's Bank of China (PBOC) controls (some say manipulated) the dollar-yuan exchange rate. He briefly considered sterilization in China and the potential costs to the People's Bank of China. Thus, the note are some of the major issues facing the People's Bank of China to curb inflation in China and keep Chinese exports competitive. "Hide
by Aldo Musacchio 7 pages. Publication Date: June 29, 2011. Prod. #: 711110-PDF-ENG
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