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Currency liberalization a boon to China importers?
date:Aug 02, 2013
o the dollar in 2008 (until 2010) in the midst of the financial crisis, China has recently again allowed the RMB to float, within tightly controlled boundaries. As of 8 July a dollar was worth RMB 6.13 and had slipped to RMB 6.01 by the end of the month, suggesting continued strengthening of the RMB.

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