China Daily Reads

China Daily Reads

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China Daily Reads
China Daily Reads
Yuan Falls to Four-Month Low on Signs China Is Loosening Grip

Yuan Falls to Four-Month Low on Signs China Is Loosening Grip

Mar 22, 2024
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China Daily Reads
China Daily Reads
Yuan Falls to Four-Month Low on Signs China Is Loosening Grip
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  • 7.20 level per dollar had mostly held since November

  • Move a sign PBOC willing to allow some FX weakness: Maybank

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