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US rate rise takes toll on the RMB

By Chen Jia | China Daily | Updated: 2015-12-18 08:29

Chinese currency may decline further, while monetary policy is also likely to be affected

China's monetary policy and the renminbi's value face major uncertainties in the capital market after the US Federal Reserve's first interest rate rise in 10 years, according to economists.

This is especially the case as few indicators point to a reversal in the country's economic slowdown, they said.

US rate rise takes toll on the RMB

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