China should let yuan float to avoid slump - ex-PBOC adviser

Yu Yongding, a former adviser to the People’s Bank of China (PBOC) wrote in a note on Wednesday, published today by Bloomberg, that the Chinese central bank should stop fx interventions and allow the yuan to float freely, allowing market forces to determine the value of the exchange rate within the range.
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NZD: RBNZ re-joins policy divergence - BNPP

Economists at BNP Paribas, notes that the RBNZ left rates unchanged as expected but shifted back to an easing bias from a more neutral stance communicated after the December rate cut.
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