Bernanke says world better with flexible yuan

Federal Reserve chairman Ben Bernanke said on Monday 12 June both China and the world economy would be better off if China allowed the value of its yuan to be determined by a more flexible, market-determined system.

Replying to a question on China's policy of keeping the yuan closely linked to the U.S. dollar, Bernanke told business students that a more flexible exchange rate system would allow China to adopt a more independent monetary policy.

"China itself would be well served by moving toward a

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: