
The #Chinesecentralbank moved again on Friday to support the #yuan after it fell this week to its lowest level against the #USdollar in eight months, amid rising tensions with the #US and growing uncertainty over Hong Kong’s future.
The People’s Bank of China (PBOC) set the yuan’s daily central parity rate stronger than its previous closing price in the onshore spot market for the ninth consecutive trading day, in a sign the central bank is pushing back against rising volatility
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