The yuan weakening past a level that China had been defending throughout December has returned the spotlight to its daily ...
Currency traders are waiting to see if the People’s Bank of China will set the so-called fixing at a level weaker than 7.2 per dollar, a closely watched line, around which the yuan is allowed ...
(Bloomberg) -- The yuan weakening past a level that China had been defending throughout December has returned the spotlight to its daily reference rate for the managed currency to gauge Beijing’s ...