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Latest l Interest Rate Won't Rise Recently China won't raise interest rates in the near term, for fear of attracting more overseas capital betting on the revaluation of the country's currency yuan. That's the statement from a top central bank official made Wednesday. 2005-07-14 | l China Cuts Inflation Forecast China's central bank cut its 2005 inflation forecast, one day after data showed consumer price rises hovering at 19-month lows, suggesting an interest rate hike is not an immediate prospect. 2005-06-14 |
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