China prepared to let the Yuan appreciate to help managed ‘imported inflation’

Friday, August 12th 2011 - 02:53 UTC

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The Chinese Yuan is ready to appreciate more rapidly against the dollar in coming months as it takes on a bigger role in Beijing’s box of monetary policy tools, a group of official Chinese newspapers reported on Friday. Read full article

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lsolde
Maybe the next world currency now confidence is falling in the (falling?)US Dollar?
Still got some Yuan after our last trip to China, maybe time to get some more!
Aug 13th, 2011 - 09:29 am - Link - Report abuse 0
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