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Bernanke: China Currency More Market-Oriented

The former head of the U.S. central bank says China is moving in a more "market-oriented" direction with recent changes in the way it regulates currency exchange.   Former Federal Reserve chairman Ben Bernanke said Monday that Washington has been asking Beijing to take market forces into account when setting the exchange rate "for a long time." Speaking at the Brookings Institution, Bernanke said China's currency had "appreciated considerably"...

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