As the Japanese currency depreciated against the dollar at its lowest point in 34 years on Wednesday, one less conspicuous factor contributing to yen-selling pressure involves the daily central parity rate of the People's Bank of China. Source
As the Japanese currency depreciated against the dollar at its lowest point in 34 years on Wednesday, one less conspicuous factor contributing to yen-selling pressure involves the daily central parity rate of the People's Bank of China. Source