alt Hacker Newsthe yuan has major currency controls. there is a real threat of capital flight destabilization if policies change which is why nobody sane would peg tp the yuan as it is now. that said, countries definitely make bad choices.
the yuan has major currency controls. there is a real threat of capital flight destabilization if policies change which is why nobody sane would peg tp the yuan as it is now. that said, countries definitely make bad choices.
The IMF seem to think it's good enough to peg their special not-a-currency currency to.
https://www.imf.org/en/topics/special-drawing-right