China’s yuan is likely to face more pressure in the coming weeks, prompting questions as to whether the central bank will intervene to support its currency, which has weakened by 4.7 per cent against the US dollar since the start of the year.
The yuan eased against the US dollar again on Thursday after having fallen to a seven-month low on Wednesday.
Already a subscriber? Log in.
Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
