Swiss Economicblogs.org
This post is motivated by recent headlines suggesting that the Chinese yuan has depreciated in recent days. Here’s an example: China’s yuan weakens to 5-1/2 low as c.bank tolerates depreciation This headline is completely inaccurate – the Chinese yuan has been appreciating in recent days. So that’s one problem I’d like to fix. I’d like to see the media start reporting accurate data on exchange rates, so that we know...
Read More »(1.3.) Let’s improve the way we report FX rates
