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Sunday, October 30, 2011

U.S. official: G20 to discuss the RMB exchange rate

U.S. official: G20 to discuss the RMB exchange rate Lael Brainard, Vice Minister of Finance, said the United States, China and other emerging countries must expand their exchange rate volatility, and believe it is this week's Group of Twenty (G20) leaders summit in one of the topics. He pointed out that China and some emerging countries must let the currency appreciate, to stimulate local consumption, we can solve the current global economic problems. Group of Twenty leaders in 3 to 4 November in ...U.S. official: G20 to discuss the RMB exchange rate

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