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The Coming Slowdown in China?

Posted on June 17, 2008

From Bloomberg: Yuan Extends Gains to 20% Since End of Peg Before Paulson Talks The yuan extended gains to 20 percent since China ended a fixed exchange rate to the dollar in July 2005 ... The currency climbed for a fifth day, reaching 6.8909 per dollar. The yuan's advance since the peg was scrapped compares with a 29 percent gain for the euro against the dollar, 13.2 percent for the British...

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currency , euro , exchange rate , yuan