Scroll Top
china-says-it-has-the-conditions-to-keep-the-yuan-currency-stable

China says it has the conditions to keep the yuan currency stable


  • China central bank has various currency management methods, ample tool kits

It’s been a while now that investors are bearish on yuan currency but now that the PBOC itself is getting desperate as seen here, there might be a change in the air among citizens in the country as well. You typically will not see China come out with such remarks but we have seen plenty of this as of late and they seem to be a daily occurrence almost by now. And all this is to try and reassure markets and to portray confidence – or at least try – to investors and the public.



Source link

Recent News
Related News
About Cookies
When you visit our website, it may store information through your browser from specific services, usually in form of cookies to impact your experience on our website and the services we offer.