Yuan moves toward liberalization
By Wang Xiaotian | 皇冠体育app Daily | Updated: 2012-04-18 08:04
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Chinese banknotes pass through a currency counting machine. On Saturday, the country's central bank announced that the yuan will be allowed to fluctuate by 1 percent above and below a daily midpoint - double the previous limit of 0.5 percent. Jerome Favre / Bloomberg |
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