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Range of RMB two-way movements subject to market force - Yi Gang
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2014/03/07 16:22
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Yi Gang, vice head of the People's Bank of China, said the two-way movements of RMB are completely normal and the currency will stabilize at an equilibrium level this year, adding the width of the moving band is subject to market force.

Yi had earlier said the two-way movements of RMB will become a normality. Recent currency fluctuations should not be over-interpreted, Yi remarked


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