Monday 28 July 2014

Yuan weakens

, March 17, 2014

A US $100 banknote is placed next to 100 yuan banknotes in Beijing in this illustrative file picture. The Chinese yuan weakened in opening deals on March 17 after the central bank doubled the currency's permitted trading band, a move analysts said was a clear signal authorities are ready to allow market forces to play a greater role in the economy. Reuters/Petar Kujundzic/Files

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