PBOC official says China won't use yuan as a tool in trade conflict - ConsultFX

PBOC official says China won't use yuan as a tool in trade conflict

Comments by the head of PBOC's research institute As I said earlier, it's hard not to believe that the recent weakness has nothing to do with the PBOC and as I've mentioned back it's easy for them to brush aside any intentional devaluing to being part of the "yuan fixing mechanism".