Aug. 22, 2022, 2:11 p.m.
China's yuan falls after the central bank cuts rates for the 2nd time in as many weeks to revive the economy
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China is looking to rebound from a string of Covid-19 lockdowns. The yuan slid Monday as Beijing raised benchmark rates again.
China's yuan falls after the central bank cuts rates for the 2nd time in as many weeks to revive the economy
Dollar Versus Yuan: China's Currency Drops on Second Rate Hike Home Chevron iconIt indicates an expandable section or menu, or sometimes previous / next navigation options. NEWS Chevron iconIt indicates an expandable section or menu, or sometimes previous / next navigation options.