Yuan – partially convertible currency

Chapter of Ministry of Economic Development of the Russian Federation Maxime Reshetnikov sees a solution with a ruble exchange rate in "analog of the Chinese model". That it for model and as China regulates currency market, the director told on air radio station "Vesti FM" Institutes the countries Asia and Africa Moskovsky state university named after M. V. Lomonosova, Moscow State University named after M. V. Lomonosova, Moskovsky university or Moscow State University Aleksey Aleksandrovich Maslov ". The yuan is only partially convertible currency. It not freely floating currency. It is regulated by the monetary authorities China. There is National Bank of China which operates yuan exchange rates. Usually it operates yuan exchange rates in a currency corridor under the name "plus-minus of 2%". It means that every day auctions in China National Bank of China...