China's national flag is seen in front of a poster explaining the design of new 100 yuan banknote at a branch of a commercial bank at a business district in Beijing. Photo: Reuters
Jake Van Der Kamp
Opinion

Opinion

Jake's View by Jake Van Der Kamp

No tears needed for forex losers as the People’s Bank goes about its job with the yuan

The US dollar weakened against major currencies since late 2016 after a long period of strength. The PBOC is at last making practice catch up with policy.

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China's national flag is seen in front of a poster explaining the design of new 100 yuan banknote at a branch of a commercial bank at a business district in Beijing. Photo: Reuters
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