Central Banks

Carney unveils major BoE shake-up

‘Minouche' Shafik to become BoE's first deputy governor for banking and markets, replacing Paul Fisher on MPC; external MPC member Broadbent also made deputy governor

PBoC doubles reminbi trading band

The People's Bank of China announced this weekend it will double the renminbi's trading band to let it fluctuate 2% either side of the bank's daily reference rate

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