Since the middle of last year, foreign exchange trading floors have been riveted on a scandal involving alleged manipulation of the 4 p.m. London fixing of currency prices. Switzerland, the U.K. and ...
(Bloomberg) -- China ramped up its support for the yuan on Wednesday, underscoring its commitment to foreign-exchange stability as a trade war with the US showed few signs of letting up. The People’s ...
The yuan rallied after the People’s Bank of China signaled its comfort with the currency’s appreciation via its daily reference rate, ahead of the National People’s Congress. The onshore unit advanced ...