China broker tips PBOC to widen yuan trading band in 2016

Author: Eamonn Sheridan | Category: Central Banks

China Minzu Securities (a brokerage group in China) says the People’s Bank of China will widen the yuan trading band in 2016

  • Will do so to facilitate further weakening of the yuan

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No further details on their call at this stage

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While details are hazy, they aren't the only ones making such a call.

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