The People’s Bank of China (PBoC) said on Thursday that China has neither the need nor the intention to depreciate the Chinese Yuan (CNY) to gain a competitive advantage in international trade, according to a statement reported by Reuters.
The People’s Bank of China (PBoC) said on Thursday that China has neither the need nor the intention to depreciate the Chinese Yuan (CNY) to gain a competitive advantage in international trade, according to a statement reported by Reuters.
