Bears control China yuan as pandemic returns

30.11.2022

China's yuan inched lower on Wednesday as worsening COVID-19 outbreaks weighed on sentiment, while investors also anxiously awaited minutes of the Federal Reserve's policy meeting for more clues on the U.S. tightening trajectory.

China reported 29,157 new COVID-19 infections for Nov. 22, a new high in more than seven months, while the...