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CNY

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QuickScan: The Direction of the Renminbi
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RMB

QuickScan: The Direction of the Renminbi

In this QuickScan, we discuss why we think China is unlikely to substantially weaken its currency further. While there have been significant devaluations in the past, we believe the current environment is different from 2015/16 and 2018/19, when China resorted to weakening the RMB to boost exports and
11 Jun 2024 3 min read
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