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The Standard Group Plc is a
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Standard Group is recognized as a leading multi-media house in Kenya with a key
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China's Yuan hit a four-year low yesterday, falling for a second day after authorities devalued it, and sources said clamour in government circles to help struggling exporters would put pressure on the central bank to let it drop lower still.
Spot Yuan in China slid to a low of 6.4510 per dollar, its weakest since August 2011, after central bank set its daily midpoint reference at 6.3306, even weaker than Tuesday's devaluation. The currency fared worse in global trade, touching 6.59 to dollar.
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