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Yuan to be made more attractive for foreigners

China wants to make its national currency, the renminbi, more attractive to foreign investors. According to insiders, this is to be achieved by extending trading hours on the foreign exchange market. The central bank has asked a number of important market participants for their opinions on a possible extension of daily trading hours. Under discussion is a shift of the trading deadline from the current 11:30 PM to 3 AM Beijing time, several people familiar with the talks told Reuters on Monday.

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