bullish

CNY

PBoC Likely to Keep Renminbi on Tight Leash

594 Views23 Oct 2020 00:30
Sizeable speculative FX inflows and FDI into China and rising trade surplus have pushed CNY 4.4% higher vs USD since end-july. PBoC now more likely to keep CNY broadly stable, as per past 6 sessions.
SUMMARY
(Sign Up to Access)
Begin exploring Smartkarma's AI-augmented investing intelligence platform with a complimentary Preview Pass to:
  • Unlock research summaries
  • Follow top, independent analysts
  • Receive personalised alerts
  • Access Analytics, Events and more

Join 55,000+ investors, including top global asset managers overseeing $13+ trillion.

Upgrade later to our paid plans for full-access.

or
Already have an account? Sign In Now
Full Insight
(Paid Plans Only, 9-minute read)
Discussions
(Paid Plans Only)
chart-bar
x