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China Securities Journal blames the falling yuan on rising US dollar
The China Securities Journal is a national securities newspaper in China, published by Xinhua News Agency. This is state media, controlled by the Chinese Communist Party. An article in the outlet today says the factors disturbing the exchange rate are limited, and that yuan is expected to remain basically stable. A translation of some of the article sums it up:Experts believe that the recent rise in the U.S. dollar index has caused short-term disturbances to the movements of non-U.S. dollar curr...
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Posted: May 19 2023, 00:31
Author Name: forexlive
Views: 081523