China Lifts Yuan, Running Against Market’s Grain


China Lifts Yuan, Running Against Market’s Grain
BY ANJANI TRIVEDI
The Wall Street Journal Europe
May 15 2015

As pressure mounts on China’s currency to fall, Beijing is stepping up efforts to keep it strong. On Thursday, the central bank set the yuan at its highest level against the U.S. dollar in more than a year, defying a raft of poor economic reports this…read more…

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