China tipped to widen RMB-USD trading band within weeks
StanChart expects Beijing to extend the renminbi's daily trading band against the dollar to aid its inflation battle, triggering a rise in intra-day volatility and long bets on the currency.
Expectations that China will widen the renminbi-US dollar trading band in the near-term are growing as the nation seeks to use additional tools in its fight against persistently high inflation.
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