Revising down the probability of large RMB devaluation 类别：宏观经济 机构：德意志银行 研究员：德意志银行研究所 日期：2016-02-05

We initiated a probabilistic approach to forecast growth and USDCNYexchange rate on Jan 4 (see our report: How to think about tail risks in China).We thought there was a 20% probability that RMB may depreciate against the ...

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