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Interest rates on bank deposits would be allowed to float to market value last.
And only two private companies are listed as A-shares, though the government says more will be allowed to float.
— but he thinks that he knows why the abuse has picked up lately: "I wrote that I think that the Chinese currency should be allowed to float free".
Mr Pak says he does not believe the price of rice will now be allowed to float according to market demand.
came to the rescue of Latvia, which also has a fixed currency, staffers with the Fund recommended that the Latvian lat be allowed to float to ease the pain of the budget cuts.
In theory, once each company has attracted enough outside investors, it will be allowed to float free.There are a few other "business incubators" like Idealab--notably Thermo Electron, a Boston-based engineering company.
Similar(46)
Long pegged to the U.S. dollar, the pound was allowed to float in January 2003.
When exchange rates were allowed to float in the early 1970s London established itself as a currency-trading centre.
Before 1986, only nonprofit hospitals were allowed to float tax-exempt bonds, which they used to build new facilities.
Most Western economists agree that the currency is undervalued, meaning that it would be stronger if it were allowed to float freely in relation to other currencies.
Government spending was curbed to control the money supply, while the currency was allowed to float, both decisive breaks with post-war orthodoxies.
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