Thursday, May 16, 2019

Zero Hedge — Something Just Broke In The Chinese Yuan


When is China going to follow Russia and float?
We argue that policymakers in China are now going to be more accepting of USD/CNY appreciation through 7: years of regulatory measures should make outflows more manageable, easier monetary policy will add upside pressure and a weakening FX is the natural means of offsetting tariffs....
Zero Hedge
Something Just Broke In The Chinese Yuan
Tyler Durden

No comments: