Press "Enter" to skip to content

7 per USD mark looks safe now, but pressure lingers

The biggest news for the Chinese yuan in the past week is that the People's Bank of China (PBOC) said it had reintroduced the counter-cyclical factor to the yuan's fixing mechanism, as the latest move to curb the sharp depreciation since June this year.

To continue reading, please SUBSCRIBE to the most relevant business and financial market news and views from China, with data and perspectives you won't read elsewhere. 

FREE TRIAL

Already have an account? Sign In

 

 

Top