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China premier Li says will keep yuan exchange rate basically stable

China premier Li says will keep yuan exchange rate basically stable
  • Economic growth speed will continue rising
  • China economy operating within a reasonable range
  • Growth will continue amid implementation of optimised pandemic policies

No change to the narrative from China as they continue to reaffirm the above set of policy remarks so far this year. The onshore yuan has seen a significant weakening against the dollar from 6.40 to 7.30 before sticking closer to 7.00 in the past week after anoth... Read More

Posted: Dec 8 2022, 11:28
Author Name: forexlive
Views: 111439

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