Now less than 2 percent away from the 6.80 red line. Fix at 6.6375. Note the fix itself would have been a 52-week high for USDCNY.
This move was largely expected; no major follow on effects from this initial change in the exchange rate.
Construction sector drives jump in insolvencies
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New data from the Australian Securities & Investments Commission (ASIC)
shows a big jump in external administrations in March, with 7,742 firms
going und...
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