China Moves to Slow Yuan Rally by Cooling Fixing Volatility
China’s central bank is using its daily reference rate to temper the yuan’s rally as the currency’s outperformance during the Iran war fuels further bullish sentiment.
By · April 17, 2026 · 1 min read
This article was originally published by
Bloomberg Markets
and is republished here under license.
China’s central bank is using its daily reference rate to temper the yuan’s rally as the currency’s outperformance during the Iran war fuels further bullish sentiment.
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