China's Resolve to Steady Yuan Gives Traders Chance to Profit
A 100 Chinese Yuan banknote, an American U.S. one dollar bill and various Hong Kong dollar banknotes are displayed on a wall in Hong Kong, China. (Photographer: Paul Yeung/Bloomberg)

China's Resolve to Steady Yuan Gives Traders Chance to Profit

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(Bloomberg) -- Yuan traders are stepping up their arbitrage of two types of forwards on the currency, to profit from a swelling gap between the spot rate and the central bank’s daily fix.
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