The value of Chinaà ‚¬ „ s currency, unlike, say, the value of the British pound, isnà ‚¬ „ t determined by supply and demand. Instead, Chinese authorities enforced that target by buying or selling their currency in the foreign exchange market à ‚¬" a policy made possible by restrictions on the ability of private investors to move their money either into or out of the country. |
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Sheila Samples is an Oklahoma writer and a former civilian US Army Public Information Officer. She is a Managing Editor for OpEd News, and a regular contributor for a variety of Internet sites.