The Resilience And Challenges Of China’s Renminbi Exchange Rate – Analysis
Wednesday, 24 April 2024 ()
By Wei Hongxu
For a period of time, as U.S. inflation persists, expectations for a Federal Reserve’s rate cut have been continually postponed. Corresponding adjustments in the capital markets have triggered a sustained strengthening of the U.S. dollar (USD), leading to the continuous depreciation of currencies in the Asian...
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