Currencies

People’s Bank of China Faces Triple Challenge to Keep Yuan within its Traditional Bounds

 Currencies

With the continuous downtrend in the Chinese equities, pressure on the mainland yuan is mounting as well.

February 9, 2024

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China’s PBOC Intervened Ordering Banks to Sell Dollars to Strengthen Renminbi

China’s PBOC Intervened Ordering Banks to Sell Dollars to Strengthen Renminbi

U.S. equity futures traded higher in late premarket this European afternoon after closing lower yesterday.

October 17, 2022

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