U.S. political rhetoric to stay as China widens yuan band

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WASHINGTON (Reuters) - China's widening of the yuan's trading band will do little to blunt criticism of its currency policy by the United States and the Treasury Department said on Sunday more progress was needed to correct a "misalignment" of the exchange rate. Not much shift in the political rhetoric from Washington was expected in the wake of China's milestone move on Saturday to allow the yuan to rise or fall 1 percent from a mid-point every day, effective Monday, from its previous 0.5 percent limit. ...




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