Chinas central bank is signaling an increased tolerance for yuan flexibility, a sign of confidence it can insulate the currency from market turmoil triggered by the Iran war. The 30-day volatility o… [+150 chars]
Source: Bloomberg
Business
PBOC Employs Volatile Yuan Fixing to Manage Iran War Fallout
China’s central bank is signaling an increased tolerance for yuan flexibility, a sign of confidence it can insulate the currency from market turmoil triggered by the Iran war.
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