China Takes Its Most Visible Measure Yet to Curb Yuan’s Gain

Bloomberg Markets and Finance published this video item, entitled “China Takes Its Most Visible Measure Yet to Curb Yuan’s Gain” – below is their description.

May.31 — China’s central bank raised the amount of foreign-currency deposits lenders need to set aside as reserves. The move may help stem the yuan’s rally by reducing the supply of other currencies in the country. Tom Mackenzie reports on “Bloomberg Daybreak: Australia.”

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