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Thread: Can RMB appreciation curb inflation?
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[quote=JIMMYB,276516]Marrie, many economists have the same views with you. However, the central government didn't raise the interest rates. Instead, the reserve ratio will be increased by 0.5 percent since March 25th. Some say that it is a signal that the government tries to save the stock market.What do you think? Does it help counter inflation? BTW, it is not likely that China will raise the interest rates in near future since the reserve ratio has been increased.[/quote]
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