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The yuan is likely to remain stable.....>

CHINA PRESS
CHINA PRESS: The yuan is likely to remain stable with a rising trend, and the
currency is expected to strengthen its two-way fluctuation characteristic,
reported China Securities Journal on Thursday. 
- As the dollar will be relatively weak in the medium term despite its recent
rise, while China's economic fundamentals are still strong, expectations for the
yuan remain unchanged. 
- The yuan will continue to fluctuate following changes in the dollar. As the
dollar could rebound ahead of U.S. Fed interest rate announcement in March -
which is expected to see a hike - the yuan will experience some fluctuations. 
- In the short term, the dollar's rebound will continue due to expectations that
Fed will hike interest rates, an increase in U.S. inflation, and Fed officials'
recent hawkishness.
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