China is adding 11 more currencies to the trade-weighted basket against which it measures the yuan value. Photo: Xinhua
China is adding 11 more currencies to the trade-weighted basket against which it measures the yuan value. Photo: Xinhua

China tweaks yuan basket to play down US dollar

Central bank adds 11 currencies to trade-weighted basket

Topic |   Foreign exchange market
China is adding 11 more currencies to the trade-weighted basket against which it measures the yuan value. Photo: Xinhua
China is adding 11 more currencies to the trade-weighted basket against which it measures the yuan value. Photo: Xinhua
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