Yuan Gap Widens Again as Depreciation Bets Swamp PBOC Fightback
- Analyst predicts intense battle between bears and central bank
- Those who see hard landing just being jealous: People's Daily
Would Devaluation Help or Hurt Yuan?
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The gap between the Chinese yuan’s exchange rates at home and abroad expanded to the biggest in three weeks, a sign that international traders are reviving bets against the currency after getting burned by the central bank earlier this year.
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