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Image header Agence Europe
Europe Daily Bulletin No. 10027
Contents Publication in full By article 19 / 27
GENERAL NEWS / (eu) eu/economy

BusinessEurope hopes for greater flexibility from China on exchange rate policy

Brussels, 25/11/2009 (Agence Europe) - Before the EU-China Summit on 30 November and the meetings beforehand of those with responsibility for economic and monetary affairs in the euro area and their Chinese counterparts, BusinessEurope has expressed its concern over recent developments in euro exchange rates. The European employers' organisation notes that the single currency has risen in value by 13% against the US dollar and the Chinese currency, the Renminbi, since April. This would seem...

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