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197 views • October 13, 2020
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China Moves to Stop Yuan's Appreciation

Kuting Feng
Chinese authorities have lifted reserve requirements to allow money to be more easily converted into other currencies. They want the Yuan to become weaker against the Dollar. A weak Yuan makes exports more competitive. I discussed the move with FX Street Senior analyst Joseph Trevisani. I asked him why we've seen the Yuan appreciate so much since May.
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