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Yuan band widening no substitute for real reform: BAML

Thursday, March 06, 2014 - 04:14

Mar. 6 - China’s leaders pledged at their annual congress to widen the yuan's trading band, but what the currency really needs is nothing short of FX regime change, according to BofA Merrill Lynch's Ting Lu.

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Yuan band widening no substitute for real reform: BAML

Thursday, March 06, 2014 - 04:14