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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 AccessThe yuan exchange rate in the short.....>
CHINA PRESS: The yuan exchange rate in the short term will not see significant
changes, according to Security Daily on Monday, citing Huang Yiping, member of
the monetary policy committee at the PBOC.
- The PBOC's FX policies aim to enhance flexibility of the yuan; to allow the
market have a bigger role; and to maintain relative stability of the yuan, the
newspaper said, citing Huang;
- Two recent factors are to affect yuan exchange rate: the appreciation of the
dollar, as the Fed is expected to further raise benchmark interest rate; and
current account changes, which could be affected by the Sino-U.S. trade row,
Huang said.
To read the full story
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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.