Offshore Yuan Gains as PBOC Raises Fixing First Time in 11 DaysBloomberg News
China won't allow excessive declines, Credit Suisse says
ANZ cites weak fundamentals to predict further drops
The offshore yuan climbed for a second day, after the central bank raised its fixing for the onshore currency for the first time in two weeks amid speculation China will stamp out one-way depreciation bets.
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.