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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 will continue its two-way......>
CHINA PRESS: The yuan will continue its two-way fluctuation and cross-border
capital flow will tend to be balanced in the period ahead, the Financial News, a
journal run by the People's Bank of China, reported in its front page Tuesday.
As China continues to open up its financial markets, economic growth remains
solid and market expectations for one-way volatility of the yuan fade, capital
flows will establish a stable momentum, the report argued. From the end of May
to the early of September this year, the yuan rose over 4,000 pips, which great
increased the credibility of China's yuan exchange rate policy but also created
challenges to export companies, the report noted. These companies should pay
attention to management of their exchange rate risk, the report suggested.
(Financial News)
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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.