China's yuan eases as c.financial institution loosens reins on midpoint…

China's yuan eases as c.financial institution loosens reins on midpoint…

China's yuan eases as c.financial institution loosens reins on midpoint…

China's broadest measure of money supply, M2, grew at a record-low pace of 8.2% at the end of December compared with a year earlier, lower than the 9.1% increase at the end of November.

A broadly weaker dollar, which fell against its major trading partners on Friday due to soft economic data, also bolstered the yuan. Prior to market opening on Wednesday, the PBOC lowered its official yuan midpoint to the weakest level in almost two weeks to 6.5207 per dollar.

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It worsened, as 47 investors sold ABT shares while 563 reduced holdings. 108 funds opened positions while 453 raised stakes. First Citizens National Bank & Trust holds 0.62% of its portfolio in Abbott Laboratories (NYSE: ABT ) for 89,652 shares.

China's currency regulator later dismissed the report saying it may be "fake" news, and clarified it was diversifying its foreign exchange reserves in order to safeguard their value.

According to the Dalian Commodities Exchange, the May 2018 iron ore contract closed Wednesday's night session at 557.5 yuan a tonne, the exact same level it closed Wednesday's day session. It firmed around 0.28 percent last week.

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A nova versão também permite que você escute o áudio "perdido", para que escolha se quer enviar como está ou prefere gravar um novo.

Multiple traders said some companies who signed forward contracts a year ago to buy dollars had to liquidate the positions to stop losses amid sharp gains in the yuan in 2017.

Economists are mixed over the yuan's fortunes after recent volatility. He expects the yuan to trade in a range between 6.5 and 6.7 per dollar in the first half of this year. The People's Bank of China (PBOC) took a step to loosen control over the yuan exchange rate on Tuesday, reflecting confidence that depreciation pressure on the currency had eased and it would allow market forces to have greater sway.

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The Thomson Reuters/HKEX Global CNH index, which tracks the offshore yuan against a basket of currencies on a daily basis, stood at 95.7, weaker than the previous day's 95.72. The global dollar index fell to 92.441 from the previous close of 92.528. It settled at 6.5277 per dollar as of midday, 0.09 percent weaker than the onshore spot.

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