ABU DHABI / WAM ADGM, the international financial centre of Abu Dhabi, is entering its …
Read More »China verbally props up yuan as trade, growth fears spike
Bloomberg Two top Chinese central bank officials vowed to keep the yuan stable on Tuesday, stoking speculation that policy makers are prepared to take tougher actions to arrest the plunge in the currency. Using standard language to describe the stance on the currency, People’s Bank of China Governor Yi Gang said China will “keep the yuan exchange rate basically stable …
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