• But the government now says the yuan's value will rely on a so-called "basket" of currencies and not just the U.S.dollar.

    VOA: standard.2010.06.21

  • The central bank also announced that it would purchase up to $750 billion of additional mortgage-backed securities, which lost value with the collapse of the U.S.housing market.

    VOA: standard.2009.03.18

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