The head of China’s Central Bank has declared that the country is ready to end pegging its currency in dollars, but said that any changes would be gradual. Zhou Xiaochuan, governor of the People’s Bank of China, described the decision as a “temporary” response to the global financial crisis, but gave no timescale for any change in policy. http://www.presstv.ir/detail.aspx?id=120258&sectionid=3510213