Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
Reporting on key macro data at the time of release.
Real-time insight on key fixed income and fx markets.
- Emerging MarketsEmerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
- MNI ResearchMNI Research
Actionable insight on monetary policy, balance sheet and inflation with focus on global issuance. Analysis on key political risk impacting the global markets.
- About Us
Sign up now for free access to this content.
Please enter your details below and select your areas of interest.
The PBOC can enhance the public's confidence in its currency policies by awarding those who follow its guidance on the yuan and punish those who bet against it, Guan Tao, the chief economist of BOC International and a former forex regulatory official, wrote on Yicai.com. While the PBOC's previous response to excess depreciation may not fit, the same principle should be observed, Guan said without elaborating. Authorities must develop emergency response measures if an overall weakening dollar causes the yuan to move one way, Guan said. Two-way movement is likely to be observed in a better scenario, he said. No government will stand by and do nothing if the markets exhibit volatilities contrary to its wishes, Guan said citing the Federal Reserve's extraordinary easing approach.