News

China Taking More Steps to Slow Currency’s descent

[ad_1]

China set a stronger-than-expected exchange-rate fixing for a 10th straight day and said it will allow banks to hold less foreign currencies in reserve, its most substantial moves yet to stabilize a weakening yuan. Stephen Chiu and Tania Chen report on Bloomberg Television.
——–
Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: http://www.bloomberg.com
Connect with us on…
Twitter: https://twitter.com/business
Facebook: https://www.facebook.com/bloombergbusiness
Instagram: https://www.instagram.com/bloombergbusiness/

source

The post China Taking More Steps to Slow Currency’s descent appeared first on HumanitasConnects.

Source link

The post China Taking More Steps to Slow Currency’s descent appeared first on .



[ad_2]
Source link

Show More

Related Articles

Back to top button