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Investors hail move to relax grip on yuan

But it raises foreign investors' concerns about their near-term exposure to China
Tuesday, March 18, 2014 - 06:00

[SHANGHAI] The Chinese central bank's decision to relax its grip on the yuan has been welcomed as a sign of financial liberalisation, but it is aggravating concerns among foreign executives and investors about their exposure to China in the near term. The doubling of the trading band from

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