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Hong Kong Doubles Yuan Trade Quota to Calm Investors | |
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October 03, 2011 Hong Kong doubled the quota for settling cross-border yuan trade to 8 billion yuan ($1.25 billion) for the last quarter, in response to a squeeze in interbank liquidity in the offshore yuan market caused by global selloffs. Source: http://www.cnbc.com/id/44752233?__source=RSS*tag*&par=RSS |
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