CNY band widening seen as next step on liberalisation path
The decision by China to double the trading band for the renminbi against the US dollar, which was announced at the weekend and took effect on Monday, is a further step towards the full liberalisation of the currency, say analysts and traders.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts