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)
China might increase interest rates as early as this month, but will probably not allow the yuan...
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