Asian Currencies May Rise in Second Half

Asian Currencies May Rise in Second Half Play

April 19 (Bloomberg) -- Brian Jackson, a Hong Kong-based strategist with Royal Bank of Canada, talks about the outlook for Asian currencies. The People’s Bank of China doubled the yuan’s daily floating band against the U.S. dollar as of April 16 in the first widening since 2007, giving markets a bigger role in deciding the exchange rate. Jackson speaks with Rishaad Salamat on Bloomberg Television's "On the Move Asia." (Source: Bloomberg)

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