May.31 — China’s central bank raised the amount of foreign-currency deposits lenders need to set aside as reserves. The move may help stem the yuan’s rally by reducing the supply of other currencies in the country. Tom Mackenzie reports on “Bloomberg Daybreak: Australia.”
The Fifth Avenue News is a channel where you can learn about the current events in the market- and find out about how to plan for the future. Every day, we deliver our audience the top headlines in business and finance in a quick, concise, and entertaining way. We’re here to keep you up-to-date on the latest news so you can stay informed.
