November 2, 2026Macro·Neutral
China's central bank sets weaker yuan daily fixing despite offshore currency's four-year high
China's central bank set a weaker daily fixing for the yuan despite the offshore currency's rise to a more than four-year high, signalling Beijing's caution over the pace of appreciation amid external calls for a stronger yuan.
Detected & updated continuously · Source: Nebula
Story subjects
People's Bank of ChinaChinese yuan