Yuan crosses 7.19 threshold as Fed cuts rates

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Friday, July 04, 2008 21:24:44

	Yuan crosses 7.19 threshold as Fed cuts rates By STAFF EDITOR Published: February 01, 2008 12:00 PM The intermediate rate for the RMB hit 1:7.1853 against the greenback on the last trading day of January as the Fed cut rates in the US, breaking the 7.19 barrier for the first time, China Financial Net reported. The ... You are currently reading 38 words of 117 total words in this article. To continue reading this article, you must be a subscriber. Log in now. Buy this article now for $10 USD. Not a subscriber? Start your 7-day free trial now. bookmark \| digg \| Permalink \| Tell a Friend Tags for this article: china , US	More Articles in Macroeconomics > Today’s Daily Briefs E-Mail Sign up for a roundup of the day’s top stories, sent every day. RELATED ARTICLES > Sichuan rebuilding efforts to cost RMB1t What do industrial indicators for the first five months imply? Counting the economic cost of the Sichuan earthquake 50m in China earn more than RMB300,000 Shanghai leads Zhejiang in Q1 incomes Wholesale prices gain 10% Yuan lending stokes inflation fears

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