Chinese Yuan Weakens Past 7.3 Per Dollar, Signals PBOC Policy Shift

The Chinese yuan weakened beyond 7.3 per dollar for the first time in 14 months, suggesting potential shifts in the People's Bank of China's currency policy.

A visually striking image of the Chinese yuan currency symbol overshadowing a fluctuating currency g
Chinese Yuan Weakens Past 7.3 Per Dollar, Signals PBOC Policy Shift

The Chinese yuan weakened past 7.3 per dollar for the first time in 14 months, indicating possible changes in PBOC's currency policy.

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