Canada's Dodge urges fast yuan float

Bank of Canada Governor David Dodge on Thursday 9 June urged China to move to a floating exchange rate system as soon as possible .

"We at the Bank of Canada...think a floating exchange rate is the best way for adjustment to take place," he said on Thursday when asked about China's foreign exchange policy at a Canadian embassy event in Tokyo.

"We think they should move as quickly as possible, which doesn't mean overnight."

Dodge, visiting Japanese government and central bank officials after an

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 or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

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