News Topic of the Day: China-US currency deal
China-US currency deal would not be a new Plaza Accord of one-sided exchange rate movement, analysts say
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– Currency provisions are expected to be included in any interim deal between China and America following progress made during talks last week in Washington
– The 1985 Plaza Accord saw Japan, France, Germany, Britain and the US push down the value of the US dollar, resulting in the Japanese yen doubling in value
Credit : SCMP
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