• 11/11/2024

In Asia, US dollar’s growing strength gives rise to stability concerns, suspected rate intervention

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

Analysts say China’s central bank, with an eye on the yuan’s stability, could let it weaken gradually, but such a move ‘could backfire to some degree’.

https://www.scmp.com/economy/global-economy/article/3261220/asia-us-dollars-growing-strength-gives-rise-stability-concerns-suspected-rate-intervention?utm_source=rss_feed