Is China About To Devalue The Yuan: Local Banks Start Dumping Yuan
Jan 5th 2021 9:05pm EST
Is China About To Devalue The Yuan: Local Banks Start Dumping Yuan In our market wrap note yesterday, we said that the Chinese Yuan surged to its strongest against the dollar since June 2018, rising above 6.50, and was now “at a critical level that has prompted volatility-inducing devaluations in the past.” This was only […]
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