UBS comments on the People’s Bank of China and the RMB
CNY appreciated sharply against USD ahead of the Fed rate hike, moving from 6.91 in early May to 6.79 by June 14.
UBS comments on the People’s Bank of China and the RMB
CNY appreciated sharply against USD ahead of the Fed rate hike, moving from 6.91 in early May to 6.79 by June 14.