Chinese Yuan currency touches 28-month low against the US dollar
epa10207501 International brand logos are displayed at a mall in Beijing, China, 26 September 2022. China's yuan touched a 28-month low against the US dollar, despite the central bank taking steps to rein in the currency's weakness. The People's Bank of China (PBOC) announced that it will raise the foreign exchange risk reserves for financial institutions when buying foreign currencies through forwards contracts to twenty percent from the current zero from 28 September onwards. EPA/MARK R. CRISTINO
