Yuan Band Widens, Yuan Bet Unwinds – Wall Street Journal
 Wall Street Journal |
Yuan Band Widens, Yuan Bet Unwinds
Wall Street Journal By TOM ORLIK China's government has banged another nail in the coffin of hopes for rapid yuan appreciation. On Saturday morning the People's Bank of China announced that the yuan's trading band against the dollar would be widened to 1% from 0.5% … China Gives Currency More Freedom With New Reform China relaxes currency peg China Widens Yuan Band to 1 Percent, People's Bank Says |
