- Ahead of the 20th National Congress later this month, China’s yuan, also known as the Renminbi, remained near a record low level against the US dollar on the offshore market this week.
- On Thursday, China Foreign Exchange Market Self-Regulatory Framework (SRF) held a virtual conference to analyze recent developments in the foreign exchange market and to make arrangements for strengthening self-regulatory management.
- It was stressed at the conference that the foreign exchange market is of overwhelming importance, and it is a top priority to maintain its stability.
Bulgaria: China’s Yuan sinks to record Low against Dollar ahead of key National Congress
