A man carrying a bag of groceries walks past a mural depicting an iconic financial market bull statue, near the central business district in Beijing, on April 18. Photo: AP
A man carrying a bag of groceries walks past a mural depicting an iconic financial market bull statue, near the central business district in Beijing, on April 18. Photo: AP
Neal Kimberley
Opinion

Opinion

Macroscope by Neal Kimberley

Can renminbi bulls expect a reprieve any time soon?

  • Tighter US monetary policy is in the offing and should continue to provide general support for the dollar on foreign exchanges
  • China’s coronavirus-related lockdowns are a big headwind for the economy, justifying a weaker yuan from a currency market perspective

A man carrying a bag of groceries walks past a mural depicting an iconic financial market bull statue, near the central business district in Beijing, on April 18. Photo: AP
A man carrying a bag of groceries walks past a mural depicting an iconic financial market bull statue, near the central business district in Beijing, on April 18. Photo: AP
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