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Yuan to stay stable in long term: forex chief

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Mr Yi sounded a reassuring note in the face of a recent slide in the yuan's value due to increasing outflows from China.

Beijing

THE yuan's exchange rate will remain stable in the long run, and two-way trade will be maintained in the currency market, the head of foreign exchange strategy at China's central bank said, sounding a reassuring note in the face of a recent slide in the yuan's value due to

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