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More banks enter yuan money market activity in Hong Kong, with the number quoting interbank...

  • Monday, April 2, 2012, 8:09 AM ET
    More banks enter yuan money market activity in Hong Kong, with the number quoting interbank interest rates for the currency rising to 8. "It's a breakthrough," says a strategist. "In order for the market to fully develop, you do need a swap curve."
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