Daily Flash | Asia | 16 April 2012: Wider trading band unlikely to change RMB appreciation trend; India’s WPI inflation holds steady; China: Policy meeting indicated upcoming loosening
Published on Sunday, April 15, 2012
Daily Flash | Asia | 16 April 2012: Wider trading band unlikely to change RMB appreciation trend; India’s WPI inflation holds steady; China: Policy meeting indicated upcoming loosening
Summary
Today marked the first trading day for the RMB after the People’s Bank of China (PBoC) widened the daily trading band to +/- 1.0%.
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BBVA Research
BBVA Research