China FX Conversion Eases From Record as Yuan Appreciation Slows
Chinese banks’ clients made less foreign-exchange conversion into the yuan in January, coinciding with a slower pace of appreciation for the country’s tightly managed currency.
By Iris Ouyang, Qizi Sun, Wenjin Lv · Bloomberg Markets
Chinese banks’ clients made less foreign-exchange conversion into the yuan in January, coinciding with a slower pace of appreciation for the country’s tightly managed currency.