Labor & Economic News Blog
Tuesday, August 30, 2005
No abrupt changes for yuan, China saysStatement seeks to halt speculation about revaluation before talksSHANGHAI, China - The central bank does not plan more abrupt changes in the yuan's value, a senior People's Bank of China official said, squelching speculation over further currency revaluations ahead of a meeting of top international finance officials later this week in China.
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