MINSK / WAM H.H. Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of ...
Read More »China’s control of daily yuan level at degree last seen one decade ago
BLOOMBERG China’s iron-clad grip on the yuan has reached a level unseen for well over a decade in its daily reference rate, raising the risk of a buildup of currency pressure that may one day have to be released. The People’s Bank of China (PBOC) kept the so-called fixing for the managed currency little changed on Monday, not reacting to ...
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