Summary | "Any reversal in the reforms would be a troubling
development," it said."It certainly makes sense for China's
makers to buy some flexibility ahead of the Fed
lift-off.""China seems to be moving towards flexible exchange
rate Exports from China would be cheaper."To quantify the
impact of depreciation is difficult.The Indian rupee is ...
development," it said."It certainly makes sense for China's
makers to buy some flexibility ahead of the Fed
lift-off.""China seems to be moving towards flexible exchange
rate Exports from China would be cheaper."To quantify the
impact of depreciation is difficult.The Indian rupee is ...
scmp.com | 19 August 2015