PBOC likely to keep Renminbi on tight leash

PBOC likely to keep Renminbi on tight leash

Fixed Income Research & Macro Strategy (FIRMS) from 4X Global Research Only four currencies have appreciated by more than 4% versus US Dollar since end-July: the high-yielding South African Rand (4.6%) and Mexican Peso (5.8%), the Chinese Renminbi (4.4%) and...

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