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China's yuan is expected to fluctuate...>

CHINA PRESS
CHINA PRESS: China's yuan is expected to fluctuate in a wider range and in both
directions as it remains in a depreciation phase even despite recent
strengthening, 21st Century Business Herald reported on Wednesday. Citing Tan
Yaling, the director of the China Forex Investment Research Institute, the
Herald's report said the yuan may fall back to around 7.16 per dollar at the end
of November, but then rise to between 6.98 and 7.02 by end-December. The yuan
strengthened to 6.99 against the dollar to hit a three-month high yesterday,
driven by a lower-than-expected dollar index, progress in China-U.S. trade
talks, and further openings in China's financial market, the newspaper said. 

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