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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
 
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