China Daily Reads

China Daily Reads

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China Daily Reads
China Daily Reads
Yuan Rebounds as PBOC Sends Strong Message of Support Via Fixing

Yuan Rebounds as PBOC Sends Strong Message of Support Via Fixing

Mar 25, 2024
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China Daily Reads
China Daily Reads
Yuan Rebounds as PBOC Sends Strong Message of Support Via Fixing
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  • Fixing seen as signal PBOC don’t want further yuan weakness

  • Yuan broke key level on Friday, spurring global FX volatility

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