 BBC News |
For Banks, Yuan Band Move Is Selling Tool
Wall Street Journal China's move to increase the trading flexibility of its currency gives banks a new selling pitch for bonds, derivatives and other investments denominated in yuan. Beijing over the weekend widened the yuan's intraday trading range in a move that took … Securities Czar Aims to Make China's Markets Respectable Chinese yuan weakens in first day of new trading range Yuan Drops Most in a Week as Central Bank Widens Trading Band |
For Banks, Yuan Band Move Is Selling Tool – Wall Street Journal
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