Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

Chinese Yuan: Modest decline expected against US Dollar – UOB

UOB’s Ho Woei Chen and Peter Chia note that the People’s Bank of China (PBoC) has announced an increase in the foreign-currency reserve requirement ratio to 6%, effective 15 November, to slow Chinese Yuan (CNY) appreciation.

Chinese Yuan: Modest decline expected against US Dollar – UOB

We haven't written up this one. FXStreet has the full story — the link below goes straight to it.

Read the original at fxstreet.com →

More in Finance & Markets

More from Tuesday 3 November →