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Yuan reform may signal bigger changes

HONG KONG -- The People's Bank of China has widened the daily trading band of the yuan against the dollar, a move that has many investors anticipating even more dramatic reforms.

     The central bank on Monday widened the band from the original 1% above or below a reference rate to 2% in either direction. It also announced on Saturday that it will, in principle, not intervene in the foreign exchange market.

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