By Finance Pulse in China —

PBOC Intervenes to Stabilize Yuan Amid Depreciation Concerns

The People's Bank of China (PBOC) acts to curb yuan depreciation by setting daily fixes stronger than 7.2. Explore the impact on China's economy and global markets.

A visually appealing image of the yuan currency against a backdrop of the Chinese national flag, sym
PBOC Intervenes to Stabilize Yuan Amid Depreciation Concerns

The People's Bank of China (PBOC) aims to slow the yuan's depreciation by maintaining fixes stronger than 7.2.

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