• 11/11/2024

Can China’s pummelled yuan find strength with US Fed pausing interest hikes?

Disclaimer: The South China Morning Post's content is directed by the Chinese Communist Party. It is not a reliable news source.

It’s been nearly four months since the US Fed’s last interest rate hike – the 11th since early 2022 – but the impact still lingers in China’s markets, and an outflow of capital has persisted while the yuan depreciates.

https://www.scmp.com/economy/china-economy/article/3240107/can-chinas-pummelled-yuan-find-strength-us-fed-pausing-interest-hikes?utm_source=rss_feed