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How to Liberalize the RMB Exchange Rate

         

摘要

Sharp depreciation of the renminbi against the U.S.dollar will soon end.An official of the U.S. Department of the Treasury said the recent depreciation of the Chinese currency could raise "serious concerns"if it signaled a policy shift away from allowing market-determined exchange rates.A meeting was held between G20 finance ministers and central bank governors on April 10 in Washington, and the

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