China Ends Fixed-Rate Currency (washingtonpost.com)
Source: Yahoo News Published July 21, 2005 @ 10:00pm PDT
washingtonpost.com - SHANGHAI, July 21 -- China on Thursday took an important step forward in its move toward a market economy, announcing it would increase the value of its currency, the yuan, and abandon its decade-old fixed exchange rate to the U.S. do [full article]