Devaluation Bets Push Yuan to Three-Month Low as Fixing WeakenedBy
China will allow decline to help economy, say fund managers
Nation is remaking monetary policy framework: PBOC's Yi Gang
The yuan fell to a three-month low as the central bank weakened the currency’s reference rate amid a dollar advance and on concern China will allow a decline to help its economy.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.