Question 170

As per the newspaper report China is likely to drop its special ‘Yuan’ policy soon. What is this special Yuan policy being followed by China at present ?
(A)China had initiated the policy of Yuan exchange rate with dollar to Yuan since 2008 at a specified rate decided by it and not by the market forces
(B)China has initiated a policy which says that all payments in China should be done in Yuan only US and some other nations do not agree with this

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