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Another Strong Yuan Mid-Point Prompts Speculation on Policy Shift | |
August 11, 2011 The People's Bank of China set the yuan's mid-point at another record high on Thursday, marking the biggest two-day rise in the reference rate since early 2008, and prompting speculation among offshore forwards traders that it could be about to shift policy on the currency. Source: http://www.cnbc.com/id/44100377?__source=RSS*tag*&par=RSS |