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Yuan to keep crashing

September 30, 2022 - 13:00 -- Admin

TSLombard with the note. The dollar is in the driving seat and Beijing’s efforts to maintain a sovereign monetary policy and managed currency are being tested by markets. Growth and rate differentials have driven USDCNY down 12.9% YTD in line with EM peers. The broader CFETS basket is only 1% weaker, but it is the

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