PBOC Fuels Depreciation Talk as It Weakens Fixing for Sixth Day

  • China may need to step up efforts to ease concerns: Scotiabank
  • Currency’s decline an intentional policy choice, MUFJ says

PBOC Weakens Yuan Fixing for Sixth Day

China’s central bank weakened the yuan’s reference rate for a sixth day, the longest run of cuts in nine months, amid speculation policy makers will allow further declines as the dollar rises.

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