Chinese-currency

China’s major stock indexes are back in business, reports Reuters.

It says, “[They] regained some ground on Friday after Beijing ditched a circuit breaker mechanism that halted trading twice this week, and [which] had been blamed for exacerbating the market sell-offs it was designed to limit.”

Reuters adds the People’s Bank of China has also hiked its guidance rate for the yuan. Read more.

Originally published on Advisor.ca

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