What Does Wider Trading Band Mean for China's Yuan?

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What Does Wider Trading Band Mean for China's Yuan?

by WSJ Live 2:13 mins

What Does Wider Trading Band Mean for China's Yuan?

by WSJ Live 2:13 mins

China's yuan weakened against the U.S. dollar Monday after the central bank doubled the currency's daily trading band. The WSJ’s Jake Lee talks to CIBC's Asia strategist about the effects this move will have on the yuan.

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