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Why China’s Yuan Is Falling

China’s central bank is deliberately pushing the yuan down to prepare the currency for wider trading. Geoff Kendrick, head of Asian foreign exchange and rates strategy at Morgan St... More China’s central bank is deliberately pushing the yuan down to prepare the currency for wider trading. Geoff Kendrick, head of Asian foreign exchange and rates strategy at Morgan Stanley, spoke to the WSJ’s Jake Lee about the RMB moves. Find more WSJ Live videos on Yahoo Screen. Less

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