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PBOC Sets Yuan Rate at 6.3348 vs. 6.3418 Yesterday

PBOC Sets Yuan Rate at 6.3348 vs. 6.3418 Yesterday

Central Banks
Ed Thomas
22/08/2012 | 01:18 GMT

China’s yuan rose to its highest level in almost two weeks after the PBOC strengthened the reference rate for a second day and local governments announced more stimulus to counter an economic slowdown .

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