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
Economy /  China Economy

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

Karen Yeung
Karen Yeung

Updated: 10:37pm, 22 Jan, 2019

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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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