1. Dollars is a freely floating currency traders, as China and India that representatives of the economic growth.

2. A more freely floating currency would ease this stop - and - go cycle.

3. He cites Brazil, which although it has a floating currency and manageable public debt was paying ten times over the odds to borrow from capital markets.

4. Under these circumstances it is unlikely that the renminbi would become a truly floating currency.

5. A challenge for Rousseff will be to control capital inflows without compromising a key source of Brazil's hard earned stability -- a floating currency.

6. Western economists had seen yuan liberalization as a sign that China is abandoning its mercantilist policy in a step-by-step move towards a floating currency, which was expected to rise.

7. In the long term, however, China will want full liberalisation of exchange controls, a freely floating currency and an inflation-targeting central bank.