China signals its discomfort over yuan rally with daily fixing

2021-12-08

December 09, 2021 12:46 PM

BEIJING (BLOOMBERG) – China’s central bank has signaled a limit to its tolerance for the yuan’s recent advance by setting its reference rate at a weaker-than-expected level.

Source : http://www.straitstimes.com/business/economy/china-signals-its-discomfort-over-yuan-rally-with-daily-fixing

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China signals its discomfort over yuan rally with daily fixing

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