27 May 2021
6 min read
Yuan continues to strengthen, markets chop into month end
Nothing especially exciting in overnight markets, although the China news coverage has ramped up drastically in the past few days.
Asian indices at 07:07BST
First up, Yuan strength 👇
🇨🇳 China has been resolute in the market-based reform of the yuan & the PBoC has largely ceased regular interventions, so the future rise & fall of the yuan should be determined by the market, said the Securities Times in a front-page commentary $USDCNY $USDCNH
— Anthony Barton (@ABartonMacro) May 27, 2021
- Shown below 👇🏻 pic.twitter.com/fzQGJgq3lY
That commentary is here and running it through Google Translate worked pretty well.
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