China’s central bank will intervene to keep yuan above 7-to-the-dollar level: sources

, , Comments Off on China’s central bank will intervene to keep yuan above 7-to-the-dollar level: sources

China’s central bank will use foreign exchange intervention and monetary policy tools to stop the yuan weakening past the key 7-per-dollar level in the near-term, three people familiar with the …
( read original story …)