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CURRENCIES

Yuan sinks; safe haven yen strengthens

Thursday, January 7, 2016 - 05:50

London

CHINA'S yuan fell on Wednesday to its lowest since the 2010 opening of its offshore market, extending a slide that has unnerved global financial markets and sent currency investors rushing for the security of Japan's yen.

Big global banks forecast a 7 to 10 per cent

sentifi.com

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