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Weaker Yuan Tests China's Ability to Prevent Capital Flight China's biggest experiment with its currency since a botched devaluation four years ago suggests its leaders believe they can stem a serious flood of ...
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Has the currency war begun? The breakout of the Chinese currency past the crucial resistance of CNY 7.00 has dragged currencies worldwide into the fray. The Philippine peso fell ...
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PBOC's Digital Currency Nearly Ready after 5 Years of Development The currency will depend on a two-tier split, with the People's Bank on top and commercial banks below, apparently in order to help deal with the size ...
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