Yuan rebounds after PBOC sets much stronger-than-expected fixing
26 Aug Yuan rebounds after PBOC sets much stronger-than-expected fixing
Posted at 02:20h
in
News
by KMFSLLP
China’s yuan rebounded against
the dollar on Tuesday after the central bank set a much
stronger-than-expected midpoint, which markets took as an
official attempt to prevent the Chinese currency from
registering sharper losses.
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