China Daily Reads

China Daily Reads

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China Daily Reads
China Daily Reads
Yuan Slides Past Seven in New Warning Sign for China’s Economy

Yuan Slides Past Seven in New Warning Sign for China’s Economy

May 17, 2023
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China Daily Reads
China Daily Reads
Yuan Slides Past Seven in New Warning Sign for China’s Economy
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  • Currency is being pressured by prospect of rate cuts: Maybank

  • PBOC’s level of concern may not be 7, but 7.3, Nomura says

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