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The yuan exchange rate in the fourth....>

CHINA PRESS
CHINA PRESS: The yuan exchange rate in the fourth quarter will fluctuate between
CNY6.4 to CNY6.8 to the dollar, the Securities Daily reported Tuesday, citing
the prediction by China Communications Bank Chief Economist Lian Ping. Lian said
the yuan exchange rate is unlikely to experience a  appreciation or depreciaion
of more than 10%, but will probably periodically fluctuate in both directions.
Huang Zhilong, director of the macro-economy center at the Suning Financial
Research Institute, told the newspaper that the yuan depends on the central
bank's judgment on the exchange rate outlook as well as China's economic growth
outlook. Huang said the chance for China's economy to drop is not large and so
the economy can support yuan stability. (Securities Daily) 

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