China Business Blog - Aggregated China Business Blogs
Aggregated China Business Blogs
Standard Chartered: China's RMB Is Overvalued
Aggregated Source: China Money Network
China’s real effective exchange rate (REER) looks overstretched based on its relationship with the country's productivity, while the Korean won (KRW) looks mildly undervalued, suggesting more upside potential, according to a new report by Standard Chartered Bank. The bank analyzes Asian currencies based on real effective exchange rate, which is the weighted average of a […]

Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.

Original URL: Click here to visit original article
Copyright China Money Network