CNY (RMB) 02 (Feb 16 - Dec 25)

[behappyalways]

建金融防線!北京推數位人民幣 欲破美元霸權｜秦綾謙｜FOCUS全球新聞 20220414
https://m.youtube.com/watch?v=e5KggaVKPVo

[winston]

China's yuan hits nine-month low as economy stumbles

Questions over whether authorities were allowing it to weaken to cushion the country's sharp economic slowdown.

Source: Reuters

https://www.thestandard.com.hk/breaking ... y-stumbles

[behappyalways]

Whispers Of Yuan Devaluation After Biggest Weekly Plunge Since 2015
https://www.zerohedge.com/markets/whisp ... lunge-2015

[behappyalways]

以色列“首次”将人民币纳入外汇储备，下调美元欧元占比！
https://m.youtube.com/watch?v=_2D83Bjuar8

[behappyalways]

人民幣近期重貶中央行下調外匯存準率 人行出手維穩匯率後市將續貶!?重回升勢!?｜主播 王志郁｜【大世界新聞】20220427｜三立iNEWS
https://m.youtube.com/watch?v=WY2kiiUeb40

[behappyalways]

22 04 26【豐富│東南西北龍鳳配】Pt.1 股匯債「三殺」！大陸經濟的底部到了？
https://m.youtube.com/watch?v=lW_Dord2iKU

[behappyalways]

The Chinese Devaluation Continues
https://www.zerohedge.com/markets/chine ... -continues

[behappyalways]

Probably RMB will appreciate.....to reduce trade surplus and to encourage internal consumption as imports become cheap with RMB strengthening

22.05.24【豐富│東南西北龍鳳配】Pt.2 中國將推動外匯存底「去美元化」？這個水太深了！
https://m.youtube.com/watch?v=y5tgG65ywdY

[winston]

Yuan currency most exposed to climate change – could lose half its value in 50 years, Barclays says

Yuan could lose 5.5 per cent by 2030, with a further a 7 per cent depreciation over the next decade, and worsen to more than 10 per cent each decade over time

Currency could lose 53 per cent of its real value over 50 years due to China’s rapid industrialisation over two decades and ‘lenient environmental policies’

Source: Reuters

https://www.scmp.com/business/banking-f ... g-half-its

[winston]

China debt holdings slashed by over 100 billion yuan in May, Beijing eager to ‘safeguard’ currency

Foreign investors sold 110 billion (US$16.37 billion) net of China’s government debt in May

Total overall holdings fell to 3.66 trillion yuan after investors cut their holdings for the fourth consecutive month

by Amanda Lee

Source: SCMP

https://www.scmp.com/economy/economic-i ... n-yuan-may