China's Yuan Is No Longer Heavily Managed, DBS's Wee Says

The video discusses the management of China's currency, highlighting the shift towards a more flexible exchange rate for the yuan. It addresses concerns about capital flight, referencing the IMF's recent assessment and potential impacts on sovereign ratings. The video also examines the renminbi's performance against a currency basket, noting historical contexts and current valuation perspectives.

What is a significant change in the management of the Chinese yuan discussed in the video?

• It is no longer used in international trade.

• It is heavily managed by the IMF.

• It has become more flexible.

• It is now pegged to the Euro.

What recent event brought the issue of capital flight into focus?

• A meeting of the World Bank

• The G20 Summit

• An IMF meeting in Bali

• A UN conference on trade

What is the purpose of the bilateral swap agreement between Indonesia and Singapore?

• To increase trade between the two countries

• To stabilize the rupiah against volatility

• To reduce tariffs on goods

• To promote tourism

How did the Chinese yuan perform against the US dollar in 1994?

• It fell by 30%

• It appreciated by 30%

• It remained stable

• It was pegged to the Euro

What is the current stance of the IMF regarding the valuation of the yuan?

• It is undervalued

• It is overvalued

• It is not used in international markets

• It is fairly valued