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

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
Topic |   Yuan

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

Karen Yeung

Karen Yeung joined the Post in 2017 after more than 15 years' experience on global newswires in Hong Kong and Shanghai. She spent eight years in Shanghai and has received awards for best feature, analysis and agenda-setting.