Press "Enter" to skip to content

7 per USD mark looks safe now, but pressure lingers

The biggest news for the Chinese yuan in the past week is that the People's Bank of China (PBOC) said it had reintroduced the counter-cyclical factor to the yuan's fixing mechanism, as the latest move to curb the sharp depreciation since June this year.

To continue reading, please subscribe.

FREE TRIAL

We highly value independence. Yuan Talks is solely funded by subscriptions from thousands of intelligent readers like you. 

What you'll get:

  • Systematic, timely and data-driven reporting on China's economy and financial markets with details, data and perspectives you don't read elsewhere!
  • Daily Brief newsletter delivered before market open every weekday wrapping up the most important China-related stories.
  • Weekly Market Wrap-up on A shares, Chinese bonds, the Yuan and commodities!
  • Interviews with China experts. We find you insights you should never miss!
  • Conference calls and events. Nothing is better than talking to newsmakers, experts and reporters directly, right?

 

Already have an account? Sign In

 

Top