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Prospects for Chinese Yuan Revaluation Improve

October 23rd, 2009
Posted in Forex Training

In its semi-annual report to Congress, the Treasury Department once again failed to officially label China (or any country for that matter) a currency manipulator. No surprise there. While it’s self-evident that China manipulates the RMB (via the peg with the US Dollar), the political implications of such a label prevent it from being used [ READ MORE ]

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