(Bloomberg) -- China's yuan had the biggest gain in
almost 10 months as the U.S. Treasury Department prepares to
release a report that may increase pressure for faster
appreciation.
U.S. lawmakers plan to unveil legislation tomorrow to push
China to loosen controls on the yuan, hours after the Treasury
publishes a semiannual evaluation of exchange-rate manipulation.
Treasury Secretary Henry Paulson failed to win any pledge on the
currency during trade talks in Washington last month.
Read more at Bloomberg Emerging Markets News
almost 10 months as the U.S. Treasury Department prepares to
release a report that may increase pressure for faster
appreciation.
U.S. lawmakers plan to unveil legislation tomorrow to push
China to loosen controls on the yuan, hours after the Treasury
publishes a semiannual evaluation of exchange-rate manipulation.
Treasury Secretary Henry Paulson failed to win any pledge on the
currency during trade talks in Washington last month.
Read more at Bloomberg Emerging Markets News
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