Stiglitz- RMB Debate Irony

Stiglitz- RMB Debate Irony Stiglitz: RMB Debate Irony Former Nobel Prize winner in economics Joseph Stiglitz described the current RMB debate as "irony" on a forum held Tuesday in Hong Kong "China was urged not to devalue (RMB) in 1997, and it was argued that greater flexibility would destabilize global financial markets", he said, adding the current pressure on China to appreciate its currency is of certain irony He said it is necessary to "recognize that there are problems with all exchange rate systems", noting that even if China adopts an exchange rate system in accordance with what other countries have asked, it could not be a perfect one According to him, on the real side, prospect of stronger dollar remains slim He said central banks may further diversify away from US dollar as reserve currency, and he argued that the end of dollar as the reserve currency is coming 上一篇英语: Apple is entering DVD war下一篇英语: Copper Price Reaches New High查看更多关于经济Business的文章网友同时还浏览了: 庞巴迪2.59亿出售10架挑战者喷气 法国将对高收入者提高税率75% Nelson Mandela has died at age 来自希腊神话和圣经的谚语(六) 来自希腊神话和圣经的谚语(五) 来自希腊神话和圣经的谚语(四)