Yuan Drops Most Since 2012 on Speculation PBOC Wants Volatility

China’s yuan tumbled by the most since December 2012 on speculation the central bank wants an end to the currency’s steady appreciation to ward off speculators before a possible widening of the trading band. The yuan fell 0.24 percent to 6.1131 per dollar as of 9:57 a.m. in Shanghai, sliding for …

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Yuan Drops Most Since 2012 on Speculation PBOC Wants Volatility

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