10 Aug Volatility in China’s yuan due to escalating U.S. trade friction – PBOC official
Volatility in
China’s yuan since August is a normal market reaction to
escalating trade frictions stoked by the United States and was
caused, to some extent, by Washington’s decision to raise
tariffs, a senior Chinese central bank official said.
China’s yuan since August is a normal market reaction to
escalating trade frictions stoked by the United States and was
caused, to some extent, by Washington’s decision to raise
tariffs, a senior Chinese central bank official said.
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