USD/CNH bounces off 19-week low as PBOC holds Interest Rate intact for 18 months - NewsBreak
By Victor in Business
Updated 3 years ago
USD/CNH struggles for clear direction near four-month low, fades bounce off multi-day bottom of late. PBOC kept five-year and one-year rates unchanged as widely expected. IMF's Berger cites accumulating downside risk for China even as Evergrande fears contained for now. USD/CNH consolidates the biggest daily losses in 11 months around...