China might increase interest rates as early as this month, but will probably not allow the yuan...
China might increase interest rates as early as this month, but will probably not allow the yuan to rise until the June-Oct. period, senior government economist Zhu Baoliang said this morning. He added that another one-off revaluation was unlikely, but said the yuan peg could be shifted to a basket of currencies. (yuan ETF: CYB)
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