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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessChina's yuan exchange rate is likely....>
CHINA PRESS: China's yuan exchange rate is likely to keep fluctuating in the
short term but there were no significant factors driving depreciation in the
medium and longer terms, according to a report in the China Securities Journal
on Tuesday. Citing analysts, the Journal report said that the exchange rate
could be impacted by external risks and market sentiment in the short term.
China's imports and exports were relatively stable in the first seven months of
2019 and exports had been stronger than expected, and these factors meant there
were no major risks in a further long term depreciation of the currency,
according to Ming Ming, chief analyst at CITIC Securities.
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.