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In a message dated 4/20/2006 1:43:10 P.M. Eastern Daylight Time,
jdevine03@xxxxxxxxx writes:
if the dollar depreciates, but the yuan stays (relatively) fixed to Comment: The Yuan, or the Renminbi more exactly, is pegged against a basket
of currencies, but the weighs are not known to the public. So it all depends on
the policy the officials at the Bank have with respect to these other
currencies. The adjustment won't be automatic.
CS
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