11 Apr Beware what you wish for: calls for China to loosen grip on the yuan may rock emerging and developed markets alike, strategists say
Posted at 05:45h
in Asia
China watchers calling for Beijing to loosen its grip on the besieged yuan need to be mindful of the risk that it unleashes a chain reaction rocking emerging- and developed-market currencies alike, according to some strategists.Most under threat are the currencies of Asian neighbours such...