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April 12, 2007
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Thursday
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Rabi-ul-Awwal 23, 1428
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Flexible currency
NEW YORK, April 11: The Federal Reserve chairman, Ben Bernanke, said on Wednesday it would be in China's best interest to move toward a more flexible currency. “It would be very much in their interest to increase the flexibility of their exchange rate,” Bernanke said in answer to questions after speaking to a group here.—Reuters
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