Moody's on the Chinese yuan - will show greater volatility

The latest from the ratings agency on China's currency, RMB, yuan, CNY, CNH …does it have any more names?

• Renminbi depreciation will not affect China's credit profile for now, but the currency will show greater volatility over time
• China's foreign currency reserves provide ample buffers to temper the volatility in the country's currency
• Over the longer term, sees greater volatility in the renminbi, as China's current account gradually shifts into a structural deficit
• Chinese authorities will likely continue to develop policy tools to adjust to a more volatile currency