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revalue |
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3 percent in either direction, as determined when authorities revalued the yuan July 21. China finally did something July 21 the world has been waiting for since roughly 2002--it revalued its currency, the yuan, by a modest 2. Net additions to income amounted to $919 million, primarily representing unrealized gains on assets denominated in foreign currencies that are revalued to reflect current market exchange rates. |
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