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| ECB, Eurogroup Laud PBOC Pledge Of More Flexibility For Yuan Posted: PARIS (MNI) - The European Central Bank and the group of Eurozone finance ministers (the Eurogroup) on Sunday applauded the pledge by the People's Bank of China to increase the flexibility of the yuan's exchange rate. A joint statement issued ...    |
| China reverses field; to allow greater yuan flexibility Posted: They don't say by how much, but China announced that they will let the yuan trade in more flexible fashion. Looks like China did not want to take the load of grief that was sure to come its way at the G20 after exports increased 50% in the month of May... The ...  |
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