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Indian Rupee Devaluation Dips China PMI for Manufacturing Sector to 50.5 percent

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Beijing (ABC Live)After Indian Rupee devaluation against US dollar sharply in 2013 has forced China’s purchasing managers’ index (PMI) for the manufacturing sector to comedown  to a six-month low of 50.5 percent in January, according to official data released on Saturday.       Chart Showing devaluation of Indian Rupee w.e.f 2010-2-till date The decline ...

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