Zhou says yuan rate need not reflect trade

China's exchange rate should not reflect its large trade surplus with the United States, People's Bank of China chief Zhou Xiaochuan said in a interview published on Saturday 24 September.

''We don't think the RMB exchange rate should reflect China's trade balance with the U.S.,'' Zhou was quoted as saying in Emerging Markets. China's yuan currency is also known as the renminbi or RMB.

''We think China should allow the exchange rate to play the role of bringing our trade balance with other coun

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