Friday, May 26, 2017

China Exerts More Control Over Its Currency With Tweak to Yuan Fix

China’s central bank is adjusting the mechanism for setting the currency’s daily fix to smooth out fluctuations against the dollar, an acknowledgment that the country is hitching the yuan’s value closer to the U.S. currency.

from WSJ.com: US Business http://ift.tt/2r3MuP6
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