Yuan Jumps Most Since 2005 as PBOC Mulls Easing Capital Controls

Updated on
  • Suspected intervention props up currency before IMF decision
  • Policy steps leading toward full liberalization: Commerzbank

China Experiments With Free Trade for Investors

The yuan strengthened the most in a decade as China’s central bank said it’s studying looser capital controls, extending a push by the world’s second-largest economy to win reserve-currency status at the IMF.

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