The yuan is restricted to moves of no more than 2 per cent either side of the reference rate. Photo: Reuters The yuan is restricted to moves of no more than 2 per cent either side of the reference rate. Photo: Reuters
The yuan is restricted to moves of no more than 2 per cent either side of the reference rate. Photo: Reuters
Yuan

China’s central bank plans change to yuan fixing formula, sources say

A ‘counter-cyclical adjustment factor’ will apparently be added to reduce the impact of market volatility

Topic |   Yuan
The yuan is restricted to moves of no more than 2 per cent either side of the reference rate. Photo: Reuters The yuan is restricted to moves of no more than 2 per cent either side of the reference rate. Photo: Reuters
The yuan is restricted to moves of no more than 2 per cent either side of the reference rate. Photo: Reuters
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