China central bank official says no plans for further yuan adjustments outside market AP Worldstream | August 29, 2005| | . Provided by ProQuest LLC. (Hide copyright information) Copyright

ELAINE KURTENBACH, AP Business Writer
AP Worldstream
08-29-2005
Dateline: SHANGHAI, China
The central bank does not plan more abrupt changes in the yuan's value, a senior People's Bank of China official said, squelching speculation over further currency revaluations ahead of a meeting of top international finance officials later this week in China.

But the yuan on Monday climbed to its highest since its July 21 revaluation as the comments by Ma Delun, a deputy governor of the People's Bank of China, suggested authorities will let allow the yuan appreciate in the foreign exchange market.

"Right ...

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