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China's Central Bank Engineered Yuan's Decline

Wednesday, February 26, 2014   (0 Comments)
Posted by: Ben Gonzalez

China's central bank engineered the recent decline in the country's currency to shake out speculators as it prepares to allow a wider trading range for the tightly tethered yuan, according to people familiar with the central bank's thinking.

http://online.wsj.com/news/articles/SB10001424052702304071004579406810684766716


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