This note clarifies the way the People's Bank of China (PBOC) manages (some say control) the dollar-yuan exchange rate. It converses briefly the process of the potential prices for the PBOC and also sterilization in China. Therefore, the note summarizes some of the main challenges the PBOC faces to keep Chinese exports competitive and to check inflation in China.
PUBLICATION DATE: June 29, 2011 PRODUCT #: 711110-PDF-ENG
This is just an excerpt. This case is about STRATEGY & EXECUTION
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