China Steps Up Yuan Surveys as Selloff Worsens
From youtube.com/markets
The yuan has tumbled to the weakest level in seven months, and now China is stepping up efforts to support the currency. The central bank and the foreign-exchange regulator have asked exporters, importers and banks about money flows and hedging demand, while seeking views on the yuan and trading sentiment, according to people familiar with the matter. Annabelle Droulers reports on Bloomberg Television.