Yuan rebounds after PBOC sets much stronger-than-expected fixing
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.
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.
Posted by Reuters
