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China unexpectedly set the yuan weaker against the dollar this morning, temporarily dragging...

China unexpectedly set the yuan weaker against the dollar this morning, temporarily dragging down currencies in the region. The dollar/yuan central parity was set at 6.3115, significantly above yesterday's all-time low of 6.3001.
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  • thesuer
    , contributor
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    smart guys always looking at arbitrage...more dollar inflow...higher dollar savings....better purchasing from Europe....in the money
    5 Jan 2012, 09:33 AM Reply Like
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