US 100-dollar banknotes and Chinese 100-yuan notes at a bank in Korea. Analysts said China is not so worried about the recent rise in the value of the yuan, instead seeing it as an opportunity to push financial reform. Photo: Bloomberg
Laura He
Opinion

Opinion

Across The Border by Laura He

Yuan’s gains an opportunity for China’s central bank to push reform, not a matter of concern

Two recent changes to reserve requirements that make it easier to short yuan raise concerns authorities are worried about the currency’s rise, but analysts see confidence in current exchange rate

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US 100-dollar banknotes and Chinese 100-yuan notes at a bank in Korea. Analysts said China is not so worried about the recent rise in the value of the yuan, instead seeing it as an opportunity to push financial reform. Photo: Bloomberg
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