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The downward pressure on the yuan in....>

CHINA PRESS
MNI (London)
CHINA PRESS: The downward pressure on the yuan in recent months has eased, and
the currency is likely to fluctuate in the future, Xinhua News Agency reported
Saturday, citing market analysts. 
- According to Chen Kaifeng, the chief economist at Forex Signs Financial
Management, the recent appreciation of the yuan against the greenback is due to
the Fed slowing interest rate hikes, the weakening of the dollar and the
market's worries about the U.S. economic growth, Xinhua reported
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com

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