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0.0281517747858017 0.0281517747858017 0.0281517747858017 0.0281517747858017 0.0281517747858017 0.022766217870257 0.022766217870257 -0.0159118727050183
Stock impact report

PBOC Extends Yuan Support as It Boosts Fix by Most Since January [Yahoo! Finance]

OVERSEAS CHINSE UNSP/ADR (OVCHY) 
NASDAQ:AMEX Investor Relations: coli.com.hk/en/ir
Company Research Source: Yahoo! Finance
Most Read from Bloomberg Trump Vows to Pay Fraud Trial Bond Cut by 68% to $175 Million Trump's Net Worth Hits $6.5 Billion, Making Him One of World's 500 Richest People After Exposing Realtors, Eliminate the Mortgage Interest Deduction Boeing CEO to Step Down in Overhaul Sparked by Safety Crisis The People's Bank of China boosted its fixing by 0.1% with traders still on tenterhooks after the yuan sank to its weakest since November on Friday. The currency rose 0.2% in offshore trading in response to the reference rate. As a source of stability in the global FX market and an anchor for its regional peers, any signal from officials that they are open to letting the yuan depreciate risks triggering volatility across an array of currencies. China's currency dropped the most in more than two months Friday as traders bet that day's fixing suggested officials were open to such a depreciation. The fixing “reaffirmed that Chinese policymakers are sticking with the same playbook t Show less Read more
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