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Experts: Yuan set to remain largely stable

China Daily 01 Jun 2023
The short-term downward pressure faced by the Chinese currency does not point to further depreciation space in light of China's economic recovery pace, experts said. The offshore yuan dipped 0.35 percent to 7.1095 per dollar during intraday trading on Tuesday, while the onshore renminbi also weakened to 7.0995 during Tuesday trading hours ...

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