The author is ANZ greater China chief economist Liu Li-Gang The People's Bank of China (PBoC) announced yesterday on March 15 that it will widen the USD/CNY trading band to 2% from the current 1%, effective from Monday, 17 March 2014. The action follows a move almost two years ago that enlarged the USD/CNY trading […]
Visit ChinaMoneyNetwork.com for more great China Money Podcast audio and video Internet episodes covering important investment news and financial events in China, as well as daily news updates on important China business news happenings. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.
Visit the original source and full text: China Money Network
Any news and links syndicated from other sources are copyright those respective websites and/or publications. We post brief synopsis and links per what the respective websites' RSS feeds provide.