China has taken a series of measures to halt a flow of cash out of the country and shore up the value of its currency. Photo: Reuters China has taken a series of measures to halt a flow of cash out of the country and shore up the value of its currency. Photo: Reuters
China has taken a series of measures to halt a flow of cash out of the country and shore up the value of its currency. Photo: Reuters

China has ‘halted intervention in yuan exchange rate market’

Market now largely deciding level of nation’s currency, says central bank official, after sustained campaign by authorities to prop up its value amid flow of funds overseas

Topic |   China's leadership reshuffle 2017
China has taken a series of measures to halt a flow of cash out of the country and shore up the value of its currency. Photo: Reuters China has taken a series of measures to halt a flow of cash out of the country and shore up the value of its currency. Photo: Reuters
China has taken a series of measures to halt a flow of cash out of the country and shore up the value of its currency. Photo: Reuters
READ FULL ARTICLE