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REPEAT: MNI EXCLUSIVE: Yuan Fixing's..........>

CHINA
CHINA: REPEAT: MNI EXCLUSIVE: Yuan Fixing's Guiding Role Threatened By Spread
- The widening spread between the People's Bank of China's daily yuan rate and
the currency's spot value is in danger of undermining the guiding role of the
central bank reference price, damaging its ability to restrain further
depreciation, although the authorities are likely to try to keep the fixing
stable for the near future, Chinese policy advisors told MNI.
- For full story see MNI Main Wire at 15:01 BST 08/29 or contact
sales@marketnews.com for access.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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