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ANALYSIS: Economic Pressure Forces China’s Central Bank to Implement Gradual Currency Depreciation Policy

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04 June 2024
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ANALYSIS: Economic Pressure Forces China’s Central Bank to Implement Gradual Currency Depreciation PolicyAgainst the backdrop of a strengthening U.S. dollar and a continuous decline in the Chinese yuan’s exchange rate against the dollar, China’s central bank, the People’s Bank of China (PBOC), has implemented a policy of gradual yuan depreciation, drawing

Read more https://www.theepochtimes.com/china/analysis-economic-pressure-forces-chinas-central-bank-to-implement-gradual-currency-depreciation-policy-5662208

  • Previous Article Memories Persist Among Rights Supporters on 35th Anniversary of 1989 Tiananmen Square Massacre
  • Next Article Activists Mourn Tiananmen Massacre Victims, Remind World of CCP’s ‘Brutal’ Legacy

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