Correction to Story on Daily Yuan Fix

Analysts say the PBOC's propping up the yuan could be meant to deter investors from betting the yuan will decline following the Moody's downgrade of China's sovereign debt. "China's Daily Yuan Fix Makes Biggest Leap in Five Months," at 00:01 ET, incorrectly stated it was to deter bets against the yen in the seventh paragraph. (June 1, 2017)

(END) Dow Jones Newswires

June 01, 2017 07:43 ET (11:43 GMT)