Markets still bewildered after China central bank explains yuan ‘X’-factor – THE BUSINESS TIMES

Markets still bewildered after China central bank explains yuan ‘X’-factor
THE BUSINESS TIMES
[SHANGHAI] A week after China’s central bank finally offered some explanation of the mysterious new ‘X’-factor it has added to its daily yuan reference rate, traders and analysts say they are none the wiser over how to make sense of it. The People’s

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