China’s yuan fell 1.2 per cent against the US dollar last week and could be set to depreciate further. Photo: Reuters
With China-US trade war looming, will Beijing be more hands off on exchange rates?
Analysts are calling for the central bank to stop using exchange rate levels as a monetary policy tool
Topic |
China economy
China’s yuan fell 1.2 per cent against the US dollar last week and could be set to depreciate further. Photo: Reuters