Renminbi 8/11: Less complacency, please

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By Paolo Danese
15 Aug 2016

It has been a brave new world for the renminbi since the People's Bank of China (PBoC) shook global markets with its surprise devaluation just over a year ago. But while there are signs that things have moved in the right direction, it seems a little early to trumpet the move as a policy success.

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