• 11/26/2024

China’s yuan to remain under pressure amid stalling economic recovery, as central bank weighs moves to stem weakness

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

China’s yuan has weakened by 4.7 per cent against the US dollar since the start of the year, but the central bank has refrained from direct intervention.

https://www.scmp.com/economy/economic-indicators/article/3225974/chinas-yuan-remain-under-pressure-amid-stalling-economic-recovery-central-bank-weighs-moves-stem?utm_source=rss_feed