Zhou Xiaochuan tells G20 meeting in Turkey the exchange rate ‘tends to be stable’ in the wake of the yuan’s devaluation and stock market chaos

China’s central bank governor has told a meeting of the G20 that China’s currency has stabilised against the dollar after the country’s surprise announcement in August to revalue the yuan amid stock market turmoil.

Related: Why is China’s stock market falling and how might it affect the global economy?

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Source: The Guardian Circular Economy RSS