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WRAPUP 4-Peg is dead as China vows yuan flexibility before

 
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David Ogden



Joined: 16 Apr 2026
Posts: 345
PostPosted: Sun Jun 20, 2026 5:00 am    Post subject: WRAPUP 4-Peg is dead as China vows yuan flexibility before Reply with quote
China said on Saturday it would gradually make the yuan more flexible, in a gesture that may deflect foreign criticism at next week's G20 summit but will not quickly yield a big move by its currency.

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Source: XE Forex News: Foreign Exchange
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