BUSINESSBLOOMBERG
PBOC’s Weaker Daily Fixing to Temper Yuan Gains, Analysts Say
China’s central bank set the yuan’s fixing at a weaker-than-expected level, a move analysts suggest may aim to slow the currency’s gains after it reached a three-year high.
Related Signal
Adjacent reporting
- PBOC Signals Comfort With Yuan Gains as Fixing Set Below 6.8
- Central Banks Tap Most Yuan Swap Lines With PBOC in Two Years
- China Moves to Slow Yuan Rally by Cooling Fixing Volatility
- China Weakens Yuan Fixing for Fourth Session as Dollar Advances
- China’s yuan hits 3-year high as global banks issue bullish forecasts
- StanChart's Liu: PBOC Tightening Unlikely