What is Canada’s real GDP, or GDP per capita, and how does it compare to other countries?That’s the main question we asked in a new report from the Centre for Policy Alternatives, which is the think tank that published the report.The report is the first comprehensive analysis of Canada’s GDP growth rates.We calculated it by…
Tag: bloomberg currency
When the Chinese yuan will appreciate: China to lift controls on foreign exchange in 2018
China will lift restrictions on the currency, the People’s Bank of China said on Thursday, a day after its central bank raised its benchmark interest rate to 1.25 percent from 1.20 percent.China will gradually allow its central banks to issue foreign currency, which will allow the yuan to appreciate.The country’s benchmark rate is now at…
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