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Yuan exchange rate seen staying stable

Thanks to the resilience of the Chinese economy and increasing flexibility in the yuan exchange rate, there will be limited effect on China's foreign exchange market from the accelerated tapering and interest rate hikes in the United States, said the State Administration of Foreign Exchange during a news conference on Friday.
United States Wang Chunying Administration Of Foreign Exchange State Administration Foreign Exchange

Yuan exchange rate seen staying stable

Thanks to the resilience of the Chinese economy and increasing flexibility in the yuan exchange rate, there will be limited effect on China's foreign exchange market from the accelerated tapering and interest rate hikes in the United States, said the State Administration of Foreign Exchange during a news conference on Friday.
United States Wang Chunying Administration Of Foreign Exchange State Administration Foreign Exchange

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