China's yuan will increase steadily in the next year

Note: This section contains information in English only.
Source: Marketwatch
© Scanpix/Reuters
The rate of growth of the China's currency against USD is likely to slow down in 2012.  The yuan is likely to rise by 3.3% against the USD in the next years as compared to 5.5% in 2011 when the government allowed freer currency trade. The national account surplus is likely to decline by 2.3% of the GDP causing less demand for China's currency, explained Standard Chartered.
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