Yuan at two-and-a-half week high as China signals support, revives fix factor

The yuan hovered at a 2-1/2-week high against the U.S. dollar on Monday after China's central bank revived a "counter-cyclical factor" in its daily fixing to support the currency, arresting a record 10-week slide that has rattled global markets.

from Reuters: Business News https://ift.tt/2PEcvjV