2010-06-20 12:09 (UTC)


BEIJING, June 20 (Reuters) - China has vowed to resume currency reform by increasing the yuan's flexibility, indicating that it will end a 23-month-old peg to the dollar.

But it has said little about what this means in practice.

Below are scenarios for how Beijing will manage the exchange rate in the coming weeks.

Due to copyright issues, I am posting only the link to this very interesting story:

http://www.xe.com/news/2010/06/20/1225917.htm?c=1&t=