18.10.2010 - Yuan forwards rise as central bank signals gradual appreciation
From Bloomberg: Yuan forwards strengthened on speculation China’s central bank will allow its currency to rise to help reduce its economy’s dependence on exports. China should keep a gradual and controlled pace in re- valuing its currency, Li Daokui, an adviser to China’s central bank, said at a forum in Beijing on the weekend. Central bankers and other officials meet in Shanghai today for a conference sponsored by the International Monetary Fund..............................................Full Article: Source
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