The People’s Bank of China has been propping up the yuan since August to prevent rapid depreciation. Photo: AP
The People’s Bank of China has been propping up the yuan since August to prevent rapid depreciation. Photo: AP
Yuan

Volatility expected for Chinese yuan, as experts diverge on 2019 outlooks

  • Traders and fund managers are predicting a year of volatility for the yuan, despite its strong start to 2019
  • A sharp appreciation in the currency already appeared to be rapidly losing steam on Monday

The People’s Bank of China has been propping up the yuan since August to prevent rapid depreciation. Photo: AP
The People’s Bank of China has been propping up the yuan since August to prevent rapid depreciation. Photo: AP
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