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The PBOC raises its fixing for the yuan to 6.2829 per dollar, the strongest level since it ended...
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Thursday, April 26, 2012, 9:08 AM ETThe PBOC raises its fixing for the yuan to 6.2829 per dollar, the strongest level since it ended the peg in July 2005. Analysts caution against reading another bout of yuan appreciation into the action, instead noting Beijing often makes such moves ahead of high-level meetings with Washington.
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