10 days of yuan declines probably isn’t as bad as you think
The PBOC limits yuan movements to 0.09% from the midpoint each day. Despite 10 days of declines, the yuan has fallen just 1.49% in the past two weeks.
10 days of yuan declines probably isn’t as bad as you think
The PBOC limits yuan movements to 0.09% from the midpoint each day. Despite 10 days of declines, the yuan has fallen just 1.49% in the past two weeks.