PBOC Stabilizes Yuan at 7.3 per Dollar Amid USD Rebound
Discover how the People's Bank of China has stabilized the yuan at 7.3 per dollar amid a US dollar rebound, potentially leading to future volatility.
The People’s Bank of China (PBOC) has stabilized the yuan at 7.3 per dollar since December, amid a rebound in the US dollar, but this approach could lead to volatility in the future.