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China Guides Bill Yields Higher, Seeking to Curb Record Lending

Posted by Dean Popplewell at 6:26 am UTC, 01/07/2010

China’s central bank sold three-month bills at a higher interest rate for the first time in 19 weeks after saying its focus for 2010 is controlling the record expansion in lending and curbing price increases.

Bloomberg

Filed under: Forex Round Up, USD

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