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PBoC
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12 months ago
Among the 11 analysts polled by CNBC, the majority do not see the currency weakening significantly, but rather a gradual depreciation engineered by the PBoC.
China unlikely to aggressively devalue yuan to offset impact of U.S. tariffs, economists say ○
Among the 11 analysts polled by CNBC, the majority do not see the currency weakening significantly, but rather a gradual depreciation engineered by the PBoC.
Chinese renminbi hits 18-year low as it becomes trade war flashpoint ○
PBoC has allowed weakening in ‘fixing’ rate for the onshore currency for six consecutive sessions
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