INTERLAKEN, Switzerland — China should consider revaluing its currency, the yuan, “in one big step” rather than in a series of incremental appreciations, a report by a United Nations agency said Thursday.
U.N. economists said such action by Chinese authorities would help contain growing speculation pressures on the currency.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)