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Dollar stabilises as risk aversion eases
Published Wed, Jan 13, 2016 · 09:50 PM
London
THE dollar and risk-sensitive currencies rose against the yen and euro on Wednesday as the yuan steadied and better than expected Chinese trade data eased some of the pessimism over the world's second-largest economy.
The offshore yuan was flat in London trade as some calm returned following heavy intervention by Beijing to stem recent declines in the Chinese currency.
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