China's Central Bank Allows Yuan to Weaken Under Pressure

The People's Bank of China appears to be permitting the yuan's depreciation amid ongoing economic challenges. Discover the implications for global markets.

An artistic depiction of the Chinese yuan symbol, subtly blending into the background of a financial
China's Central Bank Allows Yuan to Weaken Under Pressure

The People's Bank of China is appearing to allow the yuan to weaken amid economic pressures.

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