Renminbi volatility set to continue
Market braces for shifts in policy expectations
Higher volatility in the Chinese renminbi is set to continue, according to panellists at the 11th FX Week Asia conference on September 10. They predict swings in policy expectations will translate into increased price moves, as Chinese policy-makers attempt to manage their economy while liberalising both the country's capital account and its exchange rate mechanism.
"The Chinese are embarking on a very ambitious task of deleveraging certain sectors of its economy, like construction, while at the
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