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The Chinese yuan is expected to trade...>

CHINA PRESS
CHINA PRESS: The Chinese yuan is expected to trade in the range of 7.00 to 7.10
against the U.S. dollar in December as it is supported by countercyclical
policies to meet domestic growth targets, the China Securities Journal reports.
Citing HY Investment, the Journal says the yuan is likely to gradually
appreciate next year, given improved market sentiment and economic fundamentals,
and with the interest rate spread between China and the U.S. 10-year government
bonds will remain high in the short-term as both countries are cautious about
monetary easing, the newspaper said citing Ping An Securities. 

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