Subbarao, Meirelles join chorus for stronger renminbi

Chinese currency

Duvvuri Subbarao, the governor of the Reserve Bank of India (RBI), and Henrique Meirelles, the governor of the Central Bank of Brazil, have added their voice to calls urging China to allow the renminbi to appreciate.

The calls come ahead of the meeting of G20 finance ministers that begins in the United States on Thursday.

Subbarao told reporters on Wednesday that allowing the Chinese currency to rise would take some of the pressure off other countries struggling to compete. "If some countries ma

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 indvidual account here: