China gives currency more freedom with new reform

04-14-2012, 10:19 AM

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China gives currency more freedom with new reform

China gives currency more freedom with new reform

04-14-2012 08:12 AM

China took a milestone step in turning the yuan into a global currency on Saturday by doubling the size of its trading band against the dollar, pushing through a crucial reform that further liberalizes its nascent financial markets.

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