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Rabu, 27 April 2016

Janet Yellen, not only "Master of the Universe", also "Stabilizer of the Yuan"

Federal Reserve policy … its not all about the US

This piece from Bloomberg  points out how decisions taken at the FOMC impact on global markets, in this case China’s yuan.  It says stability of the yuan (i.e. not capital exodus from China) will be improved is the Fed keeps rates steady:





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