A broader view than the yuan

BACKGROUND: Over the past year and a half, the world’s currency and business circles have been flooded, from time to time, with rumours about the Chinese yuan being revalued. Such rumours have not yet come to pass, leaving the door open for speculation. The common view is that China will widen the range of trading, effectively revaluing the yuan, this year. This means protecting the yuan payables should be an important aspect of treasury consideration this year.

At the World Economic Forum in

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