• CNH: USD/CNH Holds Below 7.30, Medium Term Lending Rates Due, Equities Heavy.

    Source: Buzz FX / 22 Dec 2024 17:20:18   America/Chicago


    CNH: USD/CNH Holds Below 7.30, Medium Term Lending Rates Due, Equities Heavy.
    • The USD/CNH dipped below 7.3000 last week, following CNY fixing bias evidencing that the authorities are looking to depreciate the yuan gradually.
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