China Fights Back Weaker Yuan in Run-Up to Jackson-Hole Summit.

One-month dollar-yuan risk reversals dropped to the lowest since July, indicating bearish sentiment toward the yuan is easing. Keywords: %CNH; %CNY; OCBC@SP; ALLTOP; ASIA; BUSINESS; CHINA; COS; FIN; FRX; FRXTOP; GLOBALMACR; GOV; INDUSTRIES; MARKETS; MKTTOP; REL; TOP; WORLD EN %CNH %CNY OCBC@SP ALLTOP ASIA BUSINESS CHINA COS FIN FRX FRXTOP GLOBALMACR GOV INDUSTRIES MARKETS MKTTOP REL TOP WORLD RH7A3GT0AFB4 (Bloomberg) -- China once again pushed back against yuan weakness through its currency fixing as it braced for a potential surge in the dollar following the Federal Reserve's Jackson Hole symposium on Friday. [Extracted from the article]