Pressure has been building on the yuan to depreciate since the International Monetary Fund included the currency in its special drawing rights basket. Photo: AFP

Yuan weakness is making a virtue of necessity

A falling currency means greater volatility, but for now, policymakers seem to think it’s a price worth paying

Topic |   Yuan

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Pressure has been building on the yuan to depreciate since the International Monetary Fund included the currency in its special drawing rights basket. Photo: AFP
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