Treasury Secretary Timothy Geithner said that China should let its yuan currency appreciate faster to demonstrate that the country is willing to follow through on promises.
“Frankly they haven’t let the currency move very much so far,” Geithner told Bloomberg News. “They know they’re just at the beginning of that process and I think we’d like to see them move more quickly.”
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Geithner: China Should Let Yuan Appreciate Faster originally appeared on DailyFinance on Thu, 09 Sep 2010 06:51:00.