China rushes to pull back the yuan from a three-year high

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The Chinese yuan has strengthened to three-year highs against the U.S. dollar, spurring concerns about the competitiveness of Chinese exports. The People's Bank of China made a rare announcement Monday that financial institutions will need to increase ...

from Google Alert - Business https://ift.tt/3fI5fT9
The Chinese yuan has strengthened to three-year highs against the U.S. dollar, spurring concerns about the competitiveness of Chinese exports. The People's Bank of China made a rare announcement Monday that financial institutions will need to increase ... https://ift.tt/eA8V8J

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