Published Nov 2, 2026, 8:06 PM ET · Updated 11 days ago · 1 source

Offshore Yuan Weakens After PBOC Moves to Cool Currency Rally

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Offshore Yuan Weakens After PBOC Moves to Cool Currency Rally

The offshore yuan headed for its first decline in almost three weeks after the People’s Bank of China said it will raise the foreign-exchange reserve requirement ratio from Nov. 15.