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RMB value back to reasonable level: central bank governor

Xinhua, March 12, 2016 Adjust font size:

The Chinese currency renminbi, or the yuan, has started to return to its normal and reasonable level after volatility, and the trend will continue, central bank governor said Saturday.

Zhou Xiaochuan made the remarks at a press conference on the sidelines of the country's ongoing annual parliamentary session.

"There is no need at all to rush to buy U.S. dollars," he added. Endi