China’s Market News: Regulators Put Curbs on Coal Prices, Not on Yuan
November 17, 2016 at 03:03 AM EST
The PBOC weakened the Yuan against the U.S. Dollar (via Yuan reference rate) for the ninth trading day in a row on Wednesday amid the Dollar strength; the Yuan was lowered by -97 pips or -0.14% to 6.8592, the weakest level since August 19th, 2008.