Econ and Finance - 12 Jul 2017

PBoC signals a looser currency regime

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We know it sounds crazy. But we think China might be turning to a looser currency regime.

The lead story in today’s Financial News – the central bank’s official outlet – argues for a wider trading band, less government intervention and better FX trading and hedging tools.

Last week, we h...

Snuh-ohez.

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