Offshore Yuan Weakens After PBOC Moves to Cool Currency Rally
The offshore yuan headed for its first decline in almost three weeks after the People’s Bank of China said it will raise the foreign-exchange reserve requirement ratio from Nov. 15.
Reported by Bloomberg. We will add other newspapers as they cover it.
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Offshore Yuan Weakens After PBOC Moves to Cool Currency Rally
The offshore yuan headed for its first decline in almost three weeks after the People’s Bank of China said it will raise the foreign-exchange reserve requirement ratio from Nov. 15.
