Dec 05, 8:51 AM EST
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Markets / Finance
Analysts' View: China vows yuan flexibility ahead of G20
By IBT Staff Reporter on 06/19/10 AT 6:40 PM
China will gradually make the yuan's exchange rate more flexible, the central bank said on Saturday, indicating that it was ready to break a 23-month-old U.S. dollar peg that has come under intense fire from abroad.