The People’s Bank of China is studying the idea of introducing a so-called Tobin tax on currency transactions to halt foreign exchange market speculation, Bloomberg said, citing unnamed sources. Photo: AFP
Jake Van Der Kamp
Opinion

Opinion

Jake's View by Jake Van Der Kamp

The sad irony of government intervention to curb speculation

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The People’s Bank of China is studying the idea of introducing a so-called Tobin tax on currency transactions to halt foreign exchange market speculation, Bloomberg said, citing unnamed sources. Photo: AFP
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