economy - People's Daily announces revaluation?

Never seens such a crazy piece, but this is what you get if journalists have no clue what a revaluation means. After a decade, they got out of practise. As a principle, you do not announce this a week ahead, even not an hour ahead, to avoid speculation. So what to think of this lead in a Bloomberg dispatch.

China will loosen the yuan's fixed- exchange rate for the first time in a decade, according to the online edition of the People's Daily, a Communist Party-owned newspaper. The paper didn't say where it got the information.

I could not find the article in the People's Daily right away, but this is very weird. There are two possibilities, it is true or it is not true. When it is true, it might trigger off a rush that will force the financial authorities to delay any revaluation. Bloomberg has more details:

The yuan will be allowed to rise or fall from 1.26 percent to 6.03 percent ``in a span of one month and one year'' after a meeting next week between U.S. and Chinese officials, according to the People's Daily Online. The currency has been pegged at about 8.3 per dollar since 1995. A central bank spokesman declined to comment. The yen strengthened against the dollar and the euro after the report.

It simply does not fit with other articles in the People's Daily like this one.