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China SAFE official says foreign institutions "talking down" the yuan, but its stable

Discussion in 'Fundamental Analysis' started by ForexLive, Jan 11, 2016.

  1. ForexLive

    ForexLive Forum Member

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    Despite a 4-5 percent depreciation in 2015, the yuan has still appreciated against a basket of currencies, Says Guan Tao, the head of the department of international payments at the State Administration of Foreign Exchange (SAFE)

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