China Business Now

CBN丨Renminbi grows as PBOC pledges decisive action to prevent overshooting


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China escalated its defense of the yuan by delivering a strong verbal warning to speculators and forceful guidance to investors with its daily reference rate, measures that pushed the renminbi up from a 16-year low.

 

https://m.21jingji.com/article/20230911/herald/b57312f08313a9375e4f411935917b2c.html

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China Business NowBy China Business Now