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News & Press: Industry News

China widens yuan trading band to 2% from 1%

Monday, March 17, 2014  
Posted by: Ben Gonzalez
China's central bank loosened its grip on the yuan on Saturday by doubling the daily trading range for the currency, adding teeth to a promise it would allow market forces to play a greater role in the economy and its markets.

http://www.cnbc.com/id/101497299

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