China has purposefully fixed its exchange rate so that the yuan is overvalued relative to the U.S. dollar.

Name: China has purposefully fixed its exchange rate so that the yuan is overvalued relative to the U.S. dollar.
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Question

Quizplus · Accepted Answer

China has frequently been accused of fixing its exchange rate in the past, but as of 2018, the yuan is actually experiencing a decline in value relative to the U.S. dollar. So, it is false that China has purposefully fixed its exchange rate to overvalue the yuan.

China Has Purposefully Fixed Its Exchange Rate So That the Yuan