One trader told SCMP that he suspected we may see China’s short-term money market rates becoming a leading indicator this week. Photo: Bloomberg

Yuan rises for second day after China tightens monetary policy

PBOC lowers the yuan’s guidance rate to the weakest in two weeks

Topic |   Yuan

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One trader told SCMP that he suspected we may see China’s short-term money market rates becoming a leading indicator this week. Photo: Bloomberg
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