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To Track the Dollar, or to Track the Basket; That is the Question Around the Yuan

The onshore Yuan lost against the US Dollar for the fourth consecutive week and hit new lows at levels not seen since November 2010. As of 10:20 am EDT, the onshore Yuan (USD/CNY) dropped -0.48% to 6.6869.


from DailyFX - Feeds all http://ift.tt/29BwwUi

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