Market Currents
Stephen Gallo suggests comments from PBOC Gov. Zhou Xiaochuan that Chinese reserves have...
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Tuesday, April 19, 2011, 12:47 PM ETStephen Gallo suggests comments from PBOC Gov. Zhou Xiaochuan that Chinese reserves have exceeded a "reasonable" level may be the most important event of the week. Just possibly, authorities are losing patience with efforts to reign in liquidity and are ready to allow the yuan to revalue.
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