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Thursday, June 24, 2021

Yuan (CNH) is taking a bit of a beating after the weekend news

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The post here contained two separate items from China over the weekend on concerns over the yuan rising too rapidly:

In summary (check out that link for further):
  • And ex-PBOC official said “We will prevent short-term money flooding from pushing up the yuan”
  • Financial News outlet warned on factors that could lead to a fall of the yuan

 CNH has fallen hard in early trade:

The post here contained two separate items from China over the weekend on concerns over the yuan rising too rapidly:

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