Officials in China and Japan are pushing back against the strength of the US dollar as a rally by the greenback threatens to drive both the renminbi and the yen to historic lows.
The People’s Bank of China set the trading band for the Chinese currency against the dollar at an unexpectedly high level on Wednesday, in the latest sign of growing discomfort among top leaders over the renminbi’s depreciation.
Separately, Japan’s top currency diplomat issued his sharpest warning yet against the yen’s fall, to prevent selling momentum building.
您已阅读10%（541字），剩余90%（4854字）包含更多重要信息，订阅以继续探索完整内容，并享受更多专属服务。