• China Seeks to Slow Yuan's Gains After Months of Propping It Up

    Source: Buzz FX / 27 May 2025 20:15:37   America/Los_Angeles


    The dollar’s extended slide has prompted China’s central bank to change tack in managing its currency, as it pivots from supporting the yuan to guarding against the risk of a rapid appreciation.
    The People’s Bank of China fixed the yuan’s d
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