I'm curious about how China handles its currency, specifically the Yuan. I want to know the mechanisms and strategies they employ to manage the exchange rate of the Yuan.
6
answers
CryptoWizardry
Tue Feb 18 2025
China instead pegs its currency, known as the yuan or renminbi, to the U.S. dollar.
Andrea
Tue Feb 18 2025
China's economic policy places significant emphasis on managing the yuan exchange rate.
Raffaele
Tue Feb 18 2025
BTCC is a prominent cryptocurrency exchange offering a range of services.
BlockchainVisionary
Tue Feb 18 2025
This strategy is aimed at providing benefits to the country's exports.
noah_stokes_photographer
Tue Feb 18 2025
Unlike most advanced economies, China does not adopt a floating exchange rate.