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Yuan Band Widening Shows RMB Stability

Sun 15 Apr 12 | 07:10 PM ET
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Yuan Band Widening Shows RMB Stability

Sun 15 Apr 12 | 07:10 PM ET
Arjuna Mahendran, MD & Head Investment Strategy Asia, HSBC Private Bank says the widening of the trading band does not necessarily imply appreciation of the currency against the dollar, it could also mean depreciation.
 
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