Adding to concerns was a weekend increase from the Peoples Bank of China in the reserve requirements it sets across the banking system.

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China announced on State TV that the Peoples Bank of China was going to allow fresh appreciation of the yuan, and undertake its bit for global rebalancing.

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Peoples Bank has been in one family for three generations.

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Mr. CHEVIS SWETMAN (President, Peoples Bank): Hello.

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Last week, the Peoples Central Bank of China allowed the yuan to strengthen and it moved to its highest level versus the dollar in 17 years.

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Those sponsors include Ochsner Health System, Coca-Cola, Allstate, Whitney Bank, Peoples Health, Verizon, and Bud Light.

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"The reason they are poor is because they have been displaced from their land and resources, and disenfranchised, " says Navin Rai, a World Bank co-ordinator for indigenous peoples.

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