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The psychological threshold of the......>

CHINA PRESS
CHINA PRESS: The psychological threshold of the exchange rate at 7 yuan to the
US dollar has been removed this year, China Securities Journal said in a
commentary. The market had regarded "USD1 to RMB7" as a symbolic threshold,
according to the Journal, but the facts showed that capital outflows had not
been triggered after the RMB fell below that rate. The RMB "crisis theory" and
the "out-of-control theory" have been proved false in 2019, the Journal added. 

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