The People's Bank of China (PBOC) cut the yuan’s mid-point rate by the most in six weeks on Monday. Photo: Reuters

Onshore yuan loses ground after PBOC cuts fix by most in six weeks

China adjusts yuan’s mid-point fixing mechanism to curb intraday speculation, a Reuters report says

Topic |   Yuan

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The People's Bank of China (PBOC) cut the yuan’s mid-point rate by the most in six weeks on Monday. Photo: Reuters
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