China Acts to Limit Yuan Plunge, Bringing Some Relief to Markets
An employee uses a machine to count Chinese ten yuan banknotes at the Professional Foreign Currency Exchange Ltd. (PFCE) store in Hong Kong, China. (Photographer: Anthony Kwan/Bloomberg)

China Acts to Limit Yuan Plunge, Bringing Some Relief to Markets

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(Bloomberg) -- China took steps to limit weakness in the yuan, providing some stability to global financial markets in the wake of Monday’s rout, and said it won’t depreciate the currency to be com...
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