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Yuan options at their most bearish since June as traders expect sharper fall
Published Wed, Nov 23, 2016 · 09:50 PM
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Beijing
TRADERS are paying more to bet on a yuan decline with options as the currency slumps to an eight-year low amid the US dollar's ascent.
The extra cost for options to sell the yuan against the dollar over contracts to buy was at 1.88 per cent in Hong Kong on Wednesday, three-month risk-reversal prices s…
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