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发帖数: 3875 | 1 China's central bank said on Monday that it will manage the yuan "with
reference to a basket of currencies", phrasing which could signal that it is
preparing to end the yuan's de facto dollar peg.
Although the wording is not new — it has been used since 2005 — it had
disappeared from the previous quarterly monetary policy report by the People
's Bank of China, but reappeared in the latest version.
It is "an important language change", Morgan Stanley economist Qing Wang
said in a note to clients. |
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