BitcoinWorld PBoC’s New Policy Tool Suggests Measured Yuan Strength, Says BNY The People’s Bank of China (PBoC) has introduced a new monetary policy instrument that signals a deliberate but mild strengthening bias for the Chinese yuan, according to a research note from BNY. The move comes as Beijing continues to calibrate its currency management strategy amid a complex global economic landscape. What the New Tool Entails [...] This post PBoC’s New Policy Tool Suggests Measured Yuan Strength, Say