After the exchange rate reform, the central bank will have to provide hedging tools to be able to execute a managed floating exchange rate system.
More Quotes from Zhang Xuechun:
If the government wants to attract foreign investors to go to the central and western regions where the market is less vibrant, it must offer favorable policies.Zhang Xuechun
After the exchange rate reform, interest rate policy must be more responsive to smoothen exchange rate fluctuations.
Zhang Xuechun
Looking at the whole year, the policy intention is quite clear.
Zhang Xuechun
Readers Who Like This Quotation Also Like:
Based on Keywords: hedgingOlder women are like aging strudels - the crust may not be so lovely, but the filling has come at last into its own.
Robert Farrar Capon
We could spend time together during the day and just kind of talk and enjoy each other and enjoy the moment. But it was interesting we both knew that once you walk through the gates of that stadium, then it was on, the game was on.
Ralph Boston