What Is The PBOC's Exchange Rate Policy? - Learn About Economics
3:12
YouTubeLearn About Economics
What Is The PBOC's Exchange Rate Policy? - Learn About Economics
What Is The PBOC's Exchange Rate Policy? In this informative video, we’ll break down the exchange rate policy of the People's Bank of China (PBOC) and its impact on the economy. We’ll begin by explaining the managed floating exchange rate regime, which allows the yuan to fluctuate based on market forces while the PBOC maintains oversight to ...
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