China to widen RMB trading band again before end-2012

Woon Khien Chia at RBS
Woon Khien Chia, Royal Bank of Scotland

The People's Bank of China (PBOC) will further widen the USD/CNY daily trading band beyond its current 1% limit before the end of 2012, according to Woon Khien Chia, head of Asia local markets s