Despite the views expressed by the central bank chief, there is no evidence yet that the People's Bank of China has begun to allow freer trade of the yuan. Photo: Reuters

Central bank raises hope for more currency reform

And limits on iPBOC will gradually expand the yuan's trading band to help make the currency more flexible and market-driven, says Zhou Xiaochuan

Topic |   Yuan
Despite the views expressed by the central bank chief, there is no evidence yet that the People's Bank of China has begun to allow freer trade of the yuan. Photo: Reuters
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