China to use 'counter-cyclical' measures to curb forex volatility, says official
Updated : July 19, 2018 01:58 PM IST
The official expressed confidence Beijing can cope with any challenge, given its "ample" reserves.
The yuan was trading at 6.7375 per dollar, down about 0.25 percent from the late close on Wednesday.
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
THANK YOU! You made our day. See you every morning
YOUR EMAIL IS ON ITS WAY. Check your inbox for future updates.
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more