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Old 27-02-2014, 05:42 PM
TonyCheong TonyCheong is offline
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Arrow Chinese Government Intervention

Quote:
Originally Posted by Allanooi View Post
Bro u sure? I tot cny weaken due to massive funds from china run away due to recently crack down on business men and politicians that are potentially implicated for corruption ...
Bro that's another issue lah.

This week the China government interevene to reduce speculation.
Could be an one off gesture.
http://finance.yahoo.com/news/china-...160648943.html

SGD gain against RMB substantially this week.
Can change some this week.
Raffles Arcade approximately 4.81 today.