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

[ahlam1399]

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 ack**wledgment that the country is hitching the yuan?s value closer to the U.S. currency.

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