China’s Central Bank Asks State-Owned Banks To limit Purchases Of U.S. Dollars

According to sources cited by Reuters, the People’s Bank of China has decided against immediately devaluing the yuan in response to the latest round of U.S. tariffs, citing informed sources, revealed that the People’s Bank of China has no immediate plans to sharply devalue the yuan in response to the latest U.S. tariffs .The report, […]