Summary | The yuan regime change on Tuesday has resulted in a
sharp depreciation of the exchange rate on the back of
one-sided expectation of more declines. The risk of
destabilising capital flows is rising steeply. A day later, the
People's Bank of China...
sharp depreciation of the exchange rate on the back of
one-sided expectation of more declines. The risk of
destabilising capital flows is rising steeply. A day later, the
People's Bank of China...
scmp.com | 13 August 2015