Since being admitted into the currency basket of the special drawing rights under the International Monetary Fund in October, the yuan has fallen to new lows. Photo: Reuters

Yuan stability is more important than liberalisation

While freeing up the currency must remain a long-term goal, the current global uncertainty makes keeping it stable a more pressing imperative

Topic |   Yuan

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Since being admitted into the currency basket of the special drawing rights under the International Monetary Fund in October, the yuan has fallen to new lows. Photo: Reuters
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