Yuan Not `Significantly' Undervalued: Henderson
Nov. 4 (Bloomberg) -- Callum Henderson, global head of currency research at Standard Chartered Plc in Singapore, talks about this week's policy-making summit of China’s Communist Party leaders, and the local currency.
The U.S. Treasury Department said last week China's yuan is "significantly undervalued" and hasn't strengthened as fast as needed, while declining to name the country a currency manipulator. Henderson also discusses the outlook for the U.S. and Australian dollars and the yen. He speaks with Rishaad Salamat on Bloomberg Television's "On the Move." (Source: Bloomberg)