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China raises efforts to stabilise yuan which stays firmer

Wednesday, January 13, 2016 - 05:50
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China stepped up efforts to curb bets against its currency and reassure sceptical investors, as its central bank set another firm fix for the yuan on Tuesday backed by what dealers said was aggressive yuan buying offshore.

Beijing

CHINA stepped up efforts to curb bets against its currency and reassure sceptical investors, as its central bank set another firm fix for the yuan on Tuesday backed by what dealers said was aggressive yuan buying offshore.

Ebbing confidence in China's policymaking has