US Debt Ceiling, Credit in Focus
Bloomberg Daybreak: Asia Edition
00:00
The PBOC Governor Yigong Says China Has Largely Ended Foreign Exchange Intervention
The PBOC Governor Yigong says China has largely ended foreign exchange intervention. He said the PBOC now operates what he calls a managed floating regime. The US Treasury often criticizes China for a lack of transparency in how the country manages its exchange rate.
Play episode from 05:05
Transcript
