China Unshackles Daily Yuan Fixing, Suggesting Flexibility Ahead
A man holds wooden chopsticks above a plate of Chinese one-hundred yuan banknotes on a black background in this arranged photograph in Hong Kong, China. (Photographer: Paul Yeung/Bloomberg)

China Unshackles Daily Yuan Fixing, Suggesting Flexibility Ahead

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(Bloomberg) -- China’s daily currency fixing, unmoved for weeks, may finally be starting to track the spot rate again.
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