China's currency depreciated again

Note: This section contains information in English only.
Source: Marketwatch
China's currency weakened for the fifth consecutive session, singling that the country' government makes attempts to revive stagnating export sector. During over-the-counter trade on Tuesday the US Dollar appreciated to 6.3231 Yuan as compared to Monday's level of 6.3215 Yuan. Experts said that China is likely to continue to depreciate its currency to boost exports in view of global economic slowdown.


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Tue, 15 May 2012 11:05:24 GMT

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