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Analysis-Chinese companies hang onto dollars, hedge to prepare for volatile yuan
By Winni Zhou and Brenda Goh SHANGHAI (Reuters) – Some Chinese companies are holding on to dollar revenues from exports, while others are turning to foreign exchange hedging in anticipation of a fall in the value of the yuan, according to executives, bankers and data analysed The post Analysis-Chinese companies hang onto dollars, hedge to prepare for volatile yuan appeared first on ForexTV...
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Posted: Mar 6 2023, 00:21
Author Name: forextv
Views: 111824