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PBOC: Reports of 10% yuan depreciation ‘groundless’

ByFXOpen

Aug 13, 2015 , ,

FXStreet (Bali) – People’s Bank of China briefing on the yuan is still underway, with deputy governor Yi Gangis saying that a 10% yuan depreciation is ‘groundless’.

People’s Bank of China briefing on the yuan is still underway, with deputy governor Yi Gangis saying that a 10% yuan depreciation is ‘groundless’.

(Market News Provided by FXstreet)

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