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The Business Brief THURSDAY, 20 AUGUST 2026
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PBOC Moves to Slow Yuan Gains With Weaker-Than-Expected Fixing

1 source ·1 article ·2h ago

China’s central bank used the daily reference rate to signal a desire for slower currency gains, after the yuan climbed to its strongest against the dollar in over three years.

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Bloomberg 1

All coverage · 1 article

Bloomberg Markets ·2h ago

PBOC Moves to Slow Yuan Gains With Weaker-Than-Expected Fixing

China’s central bank used the daily reference rate to signal a desire for slower currency gains, after the yuan climbed to its strongest against the dollar in over three years.