-
China’s cycle of dollar hoarding and weakening yuan gets vicious
Source: Buzz FX / 18 Apr 2024 02:41:18 America/Chicago
Reply To:
Name - Reply Comment
SHANGHAI, April 18 (Reuters) - Chinese businesses are hoarding dollars because they expect their own currency to weaken, and that in turn is exacerbating a slide in the yuan that has been driven by wobbly stoc
Read more...