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Home>China's Yuan Falls to Seven-Month Low

China's Yuan Falls to Seven-Month Low

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Mon, 26 Jan 2015

By Anjani Trivedi China's yuan fell sharply Monday to its weakest level in seven months, pushed lower by the central bank as Beijing adds to a host of measures aimed at spurring growth. The People's Bank of China set the morning reference rate--which typically sets the daily direction--weaker, with
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